You have become so psyched about your Tarleton State University education (and so rich due to the value of the education you received here), you have decided to endow a scholarship. The scholarship will pay a lucky student $11,263 per year. You believe the fund should be able to earn at least 7.06% per year on your initial investment. How much must you donate today in order for the university to perpetually fund this endowment? Please enter your response to the penny!