Provide the reagents necessary to carry out the following conversion. 
Definitions:
Annuity
An investment vehicle that provides a consistent series of disbursements to a person, often employed in retirement planning.
RRSP
A registered retirement savings plan, a tax-advantaged account designed to help Canadians save for retirement.
Compounded
The process by which interest is earned on both the initial principal and the interest that has been added to it, thus "compounding" the amount.
Monthly
Occurring or done once a month.
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