Howard Melville Established a Trust Fund That Provides $125,000 in Scholarships

Howard Melville established a trust fund that provides $125,000 in scholarships each year for worthy students. The trust fund earns a 6.65% rate of return. How much money did Mr. Melville contribute to the fund assuming that only the interest income is distributed?

A) $1,333,125
B) $1,525,000
C) $1,879,699
D) $1,900,000
E) $2,004,699