George Jefferson established a trust fund that provides $188,500 in scholarships each year for worthy students. The trust fund earns a 2.7 percent rate of return. How much money did Mr. Jefferson contribute to the fund assuming that only the interest income is distributed?

a. $6,444,444.44

b. $5,817,901.23

c. $6,981,481.48

d. $6,108,796.30

e. $7,978,835.98