22. A university estimates that its new campus will require $30,000 for upkeep at the end of each year for the next 5 years and $50,000 at the end of each year thereafter indefinitely. If money is worth j1 = 8% p.a., how large an endowment is necessary (today) for the future upkeep of the campus? A. $119,781.30 B. $425,364.50 C. $400,000.00 D. $319,416.80 E. $545, 145.80