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Pete Morton is planning to go to graduate school in a program of study that will take3years. Pete wants to have $13200available each year for

Pete Morton is planning to go to graduate school in a program of study that will take3years. Pete wants to have $13200available each year for various school and living expenses. If he earns4percent on his money, how much must be deposit at the start of his studies to be able to withdraw$13200a year for3years?

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