A 10-year ordinary annuity that provides a return of 7% has a present value of $15,000. What are the annual annuity payments?

In the current year, an unmarried individual with modified adjusted gross income of $25,000 paid $1,000 interest on a qualified education loan entered into on July 1. How may the individual treat the interest for income tax purposes?

a) As a $500 deduction to arrive at AGI for the year. b) As a nondeductible item of personal interest. c) As a $1,000 deduction to arrive at AGI for the year. d) As a $1,000 itemized deduction.

The two basic methods of proving a substance dangerous are:

a) animal testing and natural experiments. b) animal testing and epidemiological studies. c) computer models and epidemiological studies. d) computer models and natural experiments.