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15. You want to set-up a scholarship fund at San Jose State University, which pays a student $25,000/year, indefinitely. Assuming a discount rate of 5.25%,

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15. You want to set-up a scholarship fund at San Jose State University, which pays a student $25,000/year, indefinitely. Assuming a discount rate of 5.25%, how much would you need today? ROLO 9151nub sons A. $1,312.50 B. $4,761.90 C. $131,250.00 D. $473,335.71 E. $476,190.48

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