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Mathematics, 24.12.2019 01:31 avi49

Geoff purchased a life annuity for $4,800 that will provide him $100 monthly payments for as long as he lives. based on irs tables, geoff’s life expectancy is 240 months. how much of the first $100 payment will george include in his gross income?

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Geoff purchased a life annuity for $4,800 that will provide him $100 monthly payments for as long as...
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