Question: You have $ 1 0 0 comma 0 0 0 1 0 0 , 0 0 0 to donate to your college. The college's discount

You have $100 comma 000100,000 to donate to your college. The college's discount rate is 77%. You donate the money today, but you ask the college to delay the scholarship payment so that the first scholarship payment is made 1010 years from today. How large will the annual payment be? Question content area bottom Part 1 The annual scholarship payment will be $enter your response here. (Round to the nearest cent.)

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