After winning a court case against a mining company for polluting a local lake, the First Nation suing the

company decides to use $2,500,000 of the awarded money to set up a foundation that will give annual grants to

small local businesses that demonstrate sustainability and provide local employment. They estimate that the

foundation will be established and ready to make the first grant in 4 years. What amount of money can they

grant annually if they can earn 4.25% quarteriv?