Remaining Time: 2 hours, 53 minutes, 11 seconds. Question Completion Status: A Moving to the next question prevents changes to this answer. Question 1 of 13 Question 1 3 points Save Answer If you want to be able to set up a scholarship fund that will last forever and you can earn 4.8% compounded annually. How much money do you have to deposit today in order to be able to provide 6 scholarships of $3000 each? $37500.00 $735000.00 $375000.00 $357000.00 $333000.00