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Natalie, age 58, purchases an annuity for $40,000. Natalie will receive $400 per month for the rest of her life. The expected return multiple is

Natalie, age 58, purchases an annuity for $40,000. Natalie will receive $400 per month for the rest of her life. The expected return multiple is 20.0. At age 65, the amount that Natalie must include in income is:

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