Intangible property is another way to describe intellectual property

Another use of marketing research is to monitor marketing performance, which takes place prior to implementing marketing strategies

Indicate whether the statement is true or false

Juanita paid a life insurer $45,000 in exchange for an immediate life annuity. Juanita will receive $500 per month from the insurer, and her life expectancy is 15 years (180 months)

Assume that Juanita receives 12 monthly payments of $500 the first year. How much taxable income must she report? A) $3,000 B) $4,000 C) $4,500 D) $6,000