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A taxpayer purchased a 1 5 - year annuity for $ 3 0 , 0 0 0 . Starting at the beginning of the year,

A taxpayer purchased a 15-year annuity for $30,000. Starting at the beginning of the year, the taxpayer will receive $300 per month (an expected return of $3,600 each year). What total annuity amount (rounded) can the taxpayer exclude from gross income this year?
  

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