Answer:
If at the time of withdrawal the interest paid was $11,000, the beneficiary would be required to pay income tax on the same amount of $11,000.
Explanation:
The Interest Settlement Option is usually for people who don't need much money or the remedies which the Insurance Cover provides.
Sometimes they defer payment of the proceeds and collect interest on the same whilst they decide on what do do with the money.
When a beneficiary collects this sort of interest it is usually taxable.
Cheers!
<span>It does not allow the government to handle the important needs such as common currency or taxes on trade goods. Not to mention that because of their Articles of Confederation they cannot elect a chief executive or one official leader</span>
Manifest Destiny refers to the United State's unyielding believe that the country will span from the Atlantic Ocean to the Pacific Ocean. Therefore, the answer is A.
The piont of initial perturbation. We need at lest three seismographic stations