You Are to Receive $16 700 from Your Trust Fund

You are to receive $16 700 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