Khalfan provides a donation of $4389 to a college with the provision that a scholarship is paid at the end of each year. If the money is invested at 9% compounded annually, then the annual scholarship...

Extracted text: Khalfan provides a donation of $4389 to a college with the provision that a scholarship is paid at the end of each year. If the money is invested at 9% compounded annually, then the annual scholarship is: O 395.01 O 790.02 O 197.50 O 987.53 O 592.52