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Lopang aged 55 years received an annuity of R6000 per month. She purchased this annuity for an amount of R150000 on 1 March 2021 .

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Lopang aged 55 years received an annuity of R6000 per month. She purchased this annuity for an amount of R150000 on 1 March 2021 . The annuity is to be paid monthly for a period of 5 years. The capital portion of the annuity that qualifies for exemption is: A R72000 B R42 000 C R6000 D R360000 E R30000

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