You have just retired with savings of $ million. If you expect to live for years and to earn a year on your savings, how much can you afford to spend each month? Assume that you spend the money at the start of each month.

Maxcorps bonds sell for $ The bond life is years, and the yield to maturity is How much is each coupon payment on the bonds? Assume a face value of $ and quarter coupon payments.

The sum of $ is deposited into an account paying annually. If $ is withdrawn at the end of years and how much then remains in the account at the end of year

If there are financial formula for question please explain too.