The Pithybottoms want to make a donation to set up a scholarship trust fund at Hinose College. The fund is to support payments of $5,000 at the end of every three months in perpetuity. If the fund earns 7.5% compounded quarterly, how much must they donate?

Select one:

a. $375,000

b. $66,667

c. $200,000

d. $666,667

e. $266,667