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Andrew donated $11,000 to Camosun college to establish an ongoing annual bursary if the funds earn J1 equals 2.75% how much will anniversary be assumed

Andrew donated $11,000 to Camosun college to establish an ongoing annual bursary if the funds earn J1 equals 2.75% how much will anniversary be assumed that the first bursary will be awarded in one year
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Andrew donated $11,000 to Camosun College to establish an ongoing annual bursary. If the funds earn j1-2.75%, how much will the annual bursary be. Assume that the first bursary will be awarded in one year. Round your answer to 2 decimals

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