(Quantitative Questions - Show Work) You want to endow a scholarship today that pays $13,000 per year forever, starting one year from now. Answer the questions below if the discount rate is 7% (round to nearest cent and draw timeline for both parts) a. What amount must you donate today to endow the scholarship? $ b. How would your answer change in if you endow the scholarship now, but it makes the first award to a student 10 years from today? $ (Quantitative Questions - Show Work) You want to endow a scholarship today that pays $13,000 per year forever, starting one year from now. Answer the questions below if the discount rate is 7% (round to nearest cent and draw timeline for both parts) a. What amount must you donate today to endow the scholarship? $ b. How would your answer change in if you endow the scholarship now, but it makes the first award to a student 10 years from today? $