2. (a) You want to set-up a scholarship fund that will support $20000/year for an infinite period. The fund is expected to earn 8% for the first five years followed by 6% return thereafter. What initial investment is needed to set-up the scholarship fund? (b) Estimate the depreciation schedule of a machine with an initial cost of $200,000, useful life of 8 years and a salvage value of $20000. Use the double declining balance method to develop the depreciation schedule