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Intro Maine Business School alumni recently established an endowment fund that will provide annual scholarships of $18,000 for 21 years. The fund will pay the

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Intro Maine Business School alumni recently established an endowment fund that will provide annual scholarships of $18,000 for 21 years. The fund will pay the first scholarship 5 years from now. The fund can earn annual rate of return at 7% managed by professional money managers. Attempt 1/3 for 10 pts. Part 1 How much money shoud be put into the fund today? + decimals Subrint

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