Question 11 (of 20) value 2.50 points Problem 1-8 (LO1.3) Pete Morton is planning to go 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 oxpenses. Use Exhibit 1-D If he earns 4 percent on his money, how much must he deposit at the start of his studies to be withdraw $11,000 a year for three years? (Round PV factor to 3 decimal places and final answer to the nearest whole dollar.) Deposit