Clia deposits 500 000 in an annuity fund which earns 1.5% p.a. interest compounded monthly. Clia wants the money to last for 20 years. a How much can Clia afford to withdraw each month? b Find the outstanding balance of her fund after 5 After 5 years. Clia transfers the balance of her fund to an account which earns 5.5% p.a. interest compounded monthly. i How much can Clia afford to withdraw each month for the remaining 15 years? il How long will it take for the balance of the fund to fall to 200 000? years