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Raj is to receive $16 700 from his trust fund in 7.5 years. He negotiates a...

Raj is to receive $16 700 from his trust fund in 7.5 years. He negotiates a deal where he can withdraw $350 per month starting 2.75 years before he can withdraw the remainder of the funds. On his money, he is able to earn 4.18% compounded annually. How much is his trust fund reduced to?(10 Points)

$4259.40

$4359.40

$4395.40

$4495.40

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