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In 1997, Carol purchased a single life annuity for $190000 that would pay her $19000 per year for life beginning in 2009.

In 1997, Carol purchased a single life annuity for $190000 that would pay her $19000 per year for life beginning in 2009. Carol's life expectancy from 2009 forward on which the payments were based was 20 years. 
a. How much would Carol include in income if she is still receiving payments in 2029?

$ (Enter your final answer without using comma separator, e.g. 5225.)

b. If Carol dies in 2016 after receiving that year's payment, what is the unrecovered investment  remaining?

$ (Enter your final answer without using comma separator, e.g. 5225.)


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