A university alumni group wants to provide a monthly scholarship to current students. If the scholarship amount of $600 is awarded monthly beginning 1 month from now, and the fund earns interest at a rate of 8% per year compounded continuously, find the amount of the endowment the alumni are required to make now. O $99, 000 O $108, 000 O $72, 000 O $90, 000 $135, 000