Question: Problem 5 - 5 8 ( LO 5 - 2 ) ( Static ) Skip to question [ The following information applies to the questions

Problem 5-58(LO 5-2)(Static)
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Anne purchased an annuity from an insurance company that promised to pay her $20,000 per year for the next 10 years. Anne paid $145,000 for the annuity, and in exchange she will receive $200,000 over the term of the annuity.
Problem 5-58 Part b (Static)
b. How much income will Anne recognize over the term of the annuity?

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