Problem #3\ Natasha, age 62 , purchases an annuity for

$43,200

. Natasha will receive

$400

per month for the rest of her life. The expected return multiple is 22.5. (this factor is from Table 3-1, page 3-21)\ Question: At age 65, Natasha may exclude what amount from income?

Natasha, age 62, purchases an annuity for $43,200. Natasha will receive $400 per month for the rest of her life. The expected return multiple is 22.5. (this factor is from Table 3-1, page 3-21) Question: At age 65, Natasha may exclude what amount from income