Sam wants to donate \\( \\$ 1,000,000 \\) to establish a fund to provide an annual scholarship in perpetuity. The fund will earn an interest rate of \j4=4.93 p.a. effective and the first scholarship will be first awarded 2.5 years after the date of the donation. (a) What is the amount of the annual scholarship (rounded to two decimal places)? a. 52990.31 b. 56763.24 C. 54048.96 d. 50218.95 Clear my choice