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Your great uncle endowed a scholarship at DePaul 20 years ago with a $23,671.33 contribution. Your parents added a $40,000 contribution 10 years ago. The

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Your great uncle endowed a scholarship at DePaul 20 years ago with a $23,671.33 contribution. Your parents added a $40,000 contribution 10 years ago. The actual scholarship fund does not start paying out funds until 22 years from today. At that time, the fund will start an annual scholarship payment that will pay annual tuition payments to a number of students forever. The funds were invested in an account earning 9% per year forever. What is the amount of that annual scholarship payment? Round to nearest \$. Use $ symbol

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