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Wicker imports established a trust that provides 171,800 in scholarships each year for needy students. The trust fund earns a 3 percent rate of return.

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Wicker imports established a trust that provides 171,800 in scholarships each year for needy students. The trust fund earns a 3 percent rate of return. How much money did the firm contribute to the fund assuming that only the interest income is distribute? 3,031,582.80 2,577,000.00 5,154,000. 00 6,872,000.00 5,726,666.67

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