Example 6: CC Analysis (Case Study) Because you are thankful for what you have learned in engineering economics this semester, you plan to start a permanent scholarship fund in the name of Dr. E. You plan to deposit money now with the hope that the program will last forever . The amount of the scholarship awards will be $40,000 per year for the first 5 years, and $60,000 per year thereafter. In addition, the program will award an extra $100,000 every 10 years for the distinguished lecturers like Dr. E. The fund earns interest at the rate of 10% per year. How much money should be donated now to fund the program for the indefinite future