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You are a successful graduate of GSU and want to set up a scholarship in your name for business students. You have $20,000 to donate

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You are a successful graduate of GSU and want to set up a scholarship in your name for business students. You have $20,000 to donate to the GSU Foundation. They have told you that they can invest it and earn an 15.25% annual return from which annual scholarships will be awarded forever. How much in annual scholarship money does your donation provide? Instruction: Round your answer to 2 decimal places. Do not include the $ symbol

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