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Your grandmother just died and left you $ 1 3 2 , 5 0 0 in a trust fund that pays 6 . 5 %

Your grandmother just died and left you $132,500 in a trust fund that pays 6.5% interest. You must spend the money on your college education, and you must withdraw the money in 4 equal installments, beginning immediately. How much could you withdraw today and at the beginning of each of the next 3 years and end up with zero in the account?
a. $31,958.55
b. $27,237.40
c. $32,321.72
d. $36,316.54
e. $37,406.03

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