Question: George Jefferson established a trust fund that will provide $ 1 8 5 , 5 0 0 per year in scholarships. The trust fund earns

George Jefferson established a trust fund that will provide
$185,500 per year in scholarships. The trust fund earns an annual
return of 2.6 percent. How much money did Mr. Jefferson contribute
to the fund assuming that only income is distributed?$6,585,798.82$7,134,615.38$6,242,788.46$5,945,512.82$8,153,846.1

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