Bab paid a life insurer $54,000 in exchange for an immediate life annuty. Bob will received $500 per month from the insurer, and his life expectancy 15 years. The excision ratio is percent Assume that Bob has received 12 annuity payments over the course of the year. When he flestes taxes, Bob will reports of the payments as taxable income Now assume that Bob is alive 20 years later. When he files his taxes, Dob will reports of the payments as taxable income IMPORTANT. Your answers should be rounded to the nearest integer and should NOT include symbols (50 Bab paid a life insurer $54,000 in exchange for an immediate life annuty. Bob will received $500 per month from the insurer, and his life expectancy 15 years. The excision ratio is percent Assume that Bob has received 12 annuity payments over the course of the year. When he flestes taxes, Bob will reports of the payments as taxable income Now assume that Bob is alive 20 years later. When he files his taxes, Dob will reports of the payments as taxable income IMPORTANT. Your answers should be rounded to the nearest integer and should NOT include symbols (50