You've had a successful career and wish to create an endowed annual scholarship in the amount $7,000 per year. University officials tell you they can earn an annual interest rate of 2.70% on endowed funds. How much money do you need to give today to endow this scholarship for as long as the university is in existence? O $180,041 O $259,259 O $373,333 O $311,111 O $216.049