4. Explain the concept of present value and future value. While evaluating the profitability and repayment schedule
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4. Explain the concept of present value and future value. While evaluating the profitability and repayment schedule of various projects use the following concepts:
(a) Future value factor, FVFn,r
(b) Future value annuity factor, FVAFn,r
(c) Present value factor, PVFn,r
(d) Present value annuity factor, PVAFn,r
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