Thomas Purchased an Annuity for $20,000 That Will Pay Him

question 16

Multiple Choice

Thomas purchased an annuity for $20,000 that will pay him $500 per month for ten years.What amount should Thomas include in his income each year?

• A)$0
• B)$2,000
• C)$4,000
• D)$6,000

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Publications originating from the United States that focus on human resources management and related disciplines.

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