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You are planning to go to law school and the program is three years long. You want to have $8,000 a year to spend for

You are planning to go to law school and the program is three years long.  You want to have $8,000 a year to spend for school and living expenses.  




If you can earn 4%, how much should you deposit at the beginning of law school to be able to withdraw $8,000 for each of the three years?

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