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In 2009, Ted purchased an annuity for $60,000. The annuity is to pay him $1,500 per month for the rest of his life. His life expectancy is 120 months. A). Ted is not required to recognize any income until he has collected 40 payments (40 $1,500 = $60,000).
Overpay your mortgage with cash. If you're paying by cash, you'll need to visit us in branch. Branch finder. Whether you choose to pay off a lump sum or pay off a bit each month, your new balance shows immediately and the interest is charged the next working day. This only applies to payments of Â£1 or more.ccount number: 44444445. Reference: Your mortgage account number (you can find this on your annual statement). Whether you choose to pay off a lump sum or pay off a bit each month, your new balance shows immediately and the interest is charged the next working day.