Your client has been given a trust fund valued at $250,000. She is 68 years old. She anticipates living another 12 years and she intends to consume the fund during that time. If the trust fund is invested at an interest rate of 7%, what is the value of the annuity that she can withdraw from the fund per year. $54,779.43 $20,833.33 $46,920.66 $31,475.50 A small business owner visits his bank to ask for a loan. The owner states that she can repay a loan at $1,250 per month for the next three years and then $500 per month for two years after that. If the bank is charging customers 12 percent APR, how much would it be willing to lend the business owner? \begin{tabular}{c} $46,813.94 \\ \hline$45,058.15 \\ \hline$46,055.21 \\ \hline$45,911.64 \end{tabular}