Kellie Osborn plans to make 4 equal annual deposits into a scholarship fund beginning today. If the fund earns an annual interest rate of 6 percent, how much would he have to deposit each year so that the fund could provide a $7000 scholarship each year into infinity with the first scholarship being awarded 4 years from today? to 0 1 7000 D A $28.269 B. $30,885 C. $27,379 D. $25,159 E. $26,669 5 7000 D 2 D D

Kellie Osbom plans to make 4 equal annul deposits into a schalanhib fund beginning today, If the fund earns an annual interest rate of 6 percent how much would he have to deposit each re] s so that the fund could provide a $7000 scholarship each year into infinity with the first scholarship beins awarded 4 years from today