=+A. Some people who retire and own their own home finance their retirement by selling their house
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=+A. Some people who retire and own their own home finance their retirement by selling their house for an annuity: The buyer agrees to pay $x per year for n years in exchange for becoming the owner of the house after n years.
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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