Question 1 (10 points) A generous donor wishes to donate enough money now to award a $1,000 per year scholarship for a KSU engineering student that will be available every year starting one year after setting up the scholarship. If you assume the KSU Foundation will invest the money at a rate of 6% per year that you can depend on forever, how much does the donor need to start the scholarship fund? Round to the nearest dollar. Your Answer: Answer units