You decide to endow your university when you graduate. The endowment calls for the grant to be a constant-growth amount paid once a year in perpetuity. The first payment will be $10,000 and is to be made in exactly two years, with subsequent payments growing at a rate of 4.5 percent annually. At an interest rate of 9 percent, how much should you put into the endowment fund today? A $222,222 B $111,111 C $212,652 D$203,874 E $187,040