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Pete Morton is planning to go to graduate school in a program of study that will take three years. Pete wants to have $3,000 availabke
Pete Morton is planning to go to graduate school in a program of study that will take three years. Pete wants to have $3,000 availabke each year for various school and living expenses. if he earns 6 percent on his money, how much must he deposir at the start to withdraw $3,000 a year for three years?
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