Question 2 A wealthy alumna of Miami University has decided to make a donation to the university in the form of a research grant to support student research. Funds from this research grant will be paid in 10 annual payments, with the first payment of $16,000 to be made today. The payments are scheduled to increase by 2.00% each year. If the interest rate is 10.00%, what is the value today of the research grant? a) Solve this problem using a table (discount each contribution back to today) and using Excel functions. b) Why can't we use the PV Excel function to solve this problem? (fill in answer on template)