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You are to receive $ 1 6 7 0 0 from your trust fund in 7 . 5 years. You negotiate a deal where you

You are to receive $16700 from your trust fund in 7.5 years. You negotiate a deal where you can withdraw $350 per month starting 2.75 years before you can withdraw the remainder of the funds. You are able earn 4.18% compounded annually on your money. How much is your trust fund reduced to?
a
$4195.40
b
$4159.40
c
$4459.40
d
$4495.40
e
$4155.40

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