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What are the risks and problems of living in subdivided housing units? List and explain four of them. You are offered an annuity that will

  1. What are the risks and problems of living in subdivided housing units? List and explain four of them.

  1. You are offered an annuity that will pay $10,000 a year for ten years (that is, ten payments), but the payments start after five years have elapsed. If you want to earn 8% on your funds, what is the maximum you should pay for this annuity?

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