Your great uncle endowed a scholarship at DePaul 50 years ago with a $1,000 contribution. Your parents added a $25,000 contribution 5 years ago. The actual scholarship fund does not start paying out funds until 8 years from today. At that time, the fund will start an annual scholarship payment that will pay annual tuition payments to a some 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 $. Hint...the answer is greater than $10,000