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Stu is receiving payments of $ 2 0 0 each month from his nonqualified immediate annuity. Of $ 1 5 0 is comsidered a return
Stu is receiving payments of $ each month from his nonqualified immediate annuity. Of $ is comsidered a return of a portion of his cost and $ is considered a portion of this gain in thr comtract. How much of each patment is currently taxable to stu as income?
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