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help Question 6 (1 point) A wealthy donor wants to establish a bursary for finance students at Camosun College. The bursary will pay $3,500 annually

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Question 6 (1 point) A wealthy donor wants to establish a bursary for finance students at Camosun College. The bursary will pay $3,500 annually to a deserving student in perpetuity. The money to fund the bursary will be invested into an account earning j1=4%. If the first bursary will be paid right away (when the donation is made), calculate the size of the donation required. Your Answer: Answer Next Page Previous Page Page 6 of 17

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