Heip

Save & Ex

Zhu Equity established a trust fund that provides $$125,000$ in college scholarships each year. The trust fund earns $6\mathrm{.}15$ percent and distributes only its annual income. How much money did Zhu contribute to establish this fund?

Multiple Choice

$$2,291,613$

$$2,032,520$

$$2,150,000$

$$2,018,970$

$$1,987,408$