Business
Business, 16.10.2019 18:20, emilystartk

Juanita paid a life insurer $45,000 in exchange for an immediate life annuity. juanita will receive $500 per month from the insurer, and her life expectancy is 15 years (180 months). assume that juanita receives 12 monthly payments of $500 the first year. how much taxable income must she report?

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