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On fifth thought, Forever College will provide a scholarship of $ 9 , 1 0 0 . 0 0 a year for only 3 0

On fifth thought, Forever College will provide a scholarship of $9,100.00 a year for only 30.00 years, growing in value by 1 percent per year. The longterm annual expected interest rate is 5 percent. What is the current worth of this annuity? (Use a Financial calculator to arrive at the answer. Do not round intermediate calculations and round the final answer to the nearest whole dollar.)
Annuity paid $

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