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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 58.000 available

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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 58.000 available each year for various school and living expenses. Use Exhibit 1.1 If he earns 6 percent on his money, how much must he deposit at the start of his studies to be able to withdraw 58,000 a year for the years? (Round PVA factor to 3 decimal places and final answer to the nearest whole dollar) Deposit

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