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Howard Melville established a trust fund that provides $ 1 2 5 , 0 0 0 in scholarships each year for worthy students. The trust

Howard Melville established a trust fund that provides $125,000 in scholarships each year for worthy students. The trust fund earns a 6% rate of return. How much money did Mr. Melville contribute to the fund assuming that only the interest income is distributed?
$2,145,561
$2,083,333(confident in this)
$1,410,043
$1,879,699

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