Pete Morton is planning to g0 to graduate school in a program of study that will take three years. Pete wants to have $11,000 available each year for various school and living expenses. Use Exhibit 1.0. It he earns 5 percent on his money, now much must he deposit at the start of his studies to be able to withdraw $11.000 a year for three years? (Round PVA foctor to 3 decimal ploces and final answer to the nearest whole dollar.)