You plan to set up a scholarship fund for college student. You have decided to set aside $1,000 each quarter for the next 10 years and then donate your entire savings to fund the scholarship. How much money will you donate to the college if you can earn an average of 8% on your savings, compounded quarterly? O $65,564.31 O $60,401.98 O $71,258.26 O $47,219.07 O $75,401.26