Sara Wants to Establish a Trust Fund to Provide $75,000

Sara wants to establish a trust fund to provide $75,000 in scholarships each year and earn a fixed 6.15 percent rate of return. How much money must she contribute to the fund assuming that only the interest income is distributed? 

A) $987,450 
B) $1,478,023 
C) $1,333,333 
D) $1,219,512 
E) $1,500,000