urgent help

Mrs. Yakamoto, an elderly widow, is considering using a reverse annuity mortgage (RAM) to free up some equity on her house, thus enabling her to supplement her retirement income. The Ageing Life Finance Company has agreed to give her a reverse annuity mortgage loan up to a maximum of 25% of the value of the house. Aging Life has appraised Mrs. Yakamoto's house at a value of $550,000. Both Mrs. Yakamoto and her doctor agree that it is unlikely that her retirement will last more than 10 years. Given that Aging Life has quoted Mrs. Yakamoto an interest rate of j12 = 7%, what is the maximum amount Mrs. Yakamoto is eligible to receive every month for the next 10 years from the RAM? $2,390.90 $2,419.93 $831.34 $794.41