Benjamin is planning to go to graduate school in a program that will take three years.Benjamin wants to have $10,000 available each year for his school and living expenses.If he earns 6% on his investments,approximately how much must be deposited at the start of his studies for him to withdraw $10,000 a year for three years? 
Definitions:
Warehousemen's Liens
Legal claims that a warehouse operator can place on goods stored in their facility for unpaid storage fees or services.
UCC
Short for Uniform Commercial Code, it is a comprehensive set of laws governing all commercial transactions in the United States.
Carriers' Liens
Legal claims that allow carriers (e.g., transportation or shipping companies) to retain possession of goods until the transportation charges are paid by the consignor or consignee.
Right of Redemption
The legal right of a debtor, particularly a mortgagor, to reclaim their property by paying the debt, usually after a foreclosure.
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