In the following example, the money to put into the fund today is the PV of an annuity, therefore the sum of a geometic sequence. "Maine Business School alumni recently established an endowment fund that will provide annual scholarships of $19,000 for 23 years. The fund will pay the first scholarship 5 years from now. The fund can earn annual rate of return at 6% managed by professional money managers." Consider the sum of a geometic sequence formula: =1qa1(1qn) Part 1 Attempt 1/3 for 10 pts. In this scholarship fund example, what is a1 ? Part 2 Attempt 1/3 for 10 pts. In this scholarship fund exart?le, what is