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1. Deshawna is 65 years old. She paid $240,000 for an immediate annuity of $2,000 a month for her lifetime. The contract does not provide

1. Deshawna is 65 years old. She paid $240,000 for an immediate annuity of $2,000 a month for her lifetime. The contract does not provide for any refunds. According to the Internal Revenue Servi...

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