Research annuities and calculate an annuity that pays you monthly (like a pension) for a 30 year period given starting capital of $500,000 and an average interest rate available on the money as a time deposit during the period of 3%.

Research annuities and calculate an annuity that pays you monthly (like a pension) for a 30 year period given starting capital of $500,000 and an average interest rate available on the money as a time deposit during the period of 3%