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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
- 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 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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