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1. What is the difference between time value of money and inflation? 2. What is the difference between profit for the year and cash flows?

1. What is the difference between time value of money and inflation? 2. What is the difference between profit for the year and cash flows? 3. What is the difference between simple interest and compound interest? 4. What is the meaning of net present value (NPV)? 5. What do we mean by internal rate of return (IRR)?

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