TIUM VUI. IIVVV Score: 0 of 30 pts 4 of 5 (0 complete) G HW Score: 0%, 0 of 100 pts P5-45 (book/static) Question Help Deposits to create a perpetuity Personal Finance Problem You have decided to endow your favonte university with a scholarship. It is expected to cost $6,000 per yoar to attend the university into perpetuity You expect to give the university the endowment in 10 years and will accumulate it by making equal annual (end-of-year) deposits into an account. The rate of interest is expected to be 10% for a future time periods a. How large must the endowment be? b. How much must you deposit at the end of each of the next 10 years to accumulate the required amount? a. The endowment will be $(Round to the nearest cent) Enter your answer in the answer box and then click Check