You, a philanthropist plan to make a one-time endowment to KPBS, which would provide the SDSU facility with $250,000 per year into perpetuity. The rate of interest is expected to be eight percent for all future time periods. How large must the endowment be? $2,314,814 None of the given answers is correct $3,125,000 $2,000,000 $3,000,000