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How much of each monthly payment as gross income

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Problem - Amara has an annuity and over time has recovered her entire investment but it continues to pay her $450 per month. Amara should recognize how much of each monthly payment as gross income?

a. $0

b. Some amount greater than $450

c. Some amount between $0 and $450

d. $450

Reference no: EM132705537

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