Natasha, age 58, purchases an annuity for $40,000. Natasha will receive $400 per month for the rest of her life. The expected return multiple is 20.0. At age 65, the amount that Natasha may exclude from income is

A. $2,000.
B. $2,800.
C. $0.
D. $4,000.


Answer: A

Business

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