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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 $7,600 available

Pete Morton is planning to go to graduate school in a program of study that will take three years. Pete wants to have $7,600 available each year for various school and living expenses. If he earns 4 percent on his money, how much must he deposit at the start of his studies to be able to withdraw 7,600 a year for three years? Round PVA factor to 3 decimal places and final answer to the nearest whole dollar.

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