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F purchased an annuity that provides $13,000 quarterly payments for the next 10 years. The annuity was purchased at a cost of $195,000. How much

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F purchased an annuity that provides $13,000 quarterly payments for the next 10 years. The annuity was purchased at a cost of $195,000. How much of the first quarterly payment will Finclude in her gross income? O a. None of the choices are correct O b. $8,125 Oc O c. $21,900 O d. $13,000 Oe O e. $4,875

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