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10. A customer has been investing in a nonqualified deferred annuity through a payroll deduction plan offered at the school system where he works. he has invested a total of $10,000. The annuity contract is currently valued at $16,000, and he plans to retire. On what amount will the customer be taxed if he chooses a lump-sum withdrawal?A. $6,000B. $10,000C. $16,000D. He will not owe taxes because the annuity was nonqualified

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