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S Homework Help Sav 0 Required information The following information appies to the questions displayed below. Anne purchased an annuity from an insurance company that

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S Homework Help Sav 0 Required information The following information appies to the questions displayed below. Anne purchased an annuity from an insurance company that promised to pay her $24,000 per year for the next ten years. Anne paid $176,400 for the annuity, and in exchange she will receive $240,000 over the term of the annuity. b. How much income will Anne recognize over the term of the annuity?

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