Assume That at Retirement You Have Accumulated $500,000 in a Variable

Assume that at retirement you have accumulated $500,000 in a variable annuity contract.The assumed investment return is 6% and your life expectancy is 15 years.If the first year's actual investment return is 8%, what is the starting benefit payment

A) $30,000.00
B) $33,333.33
C) $51,481.38
D) $52,452.73
E) Cannot tell without additional information