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a) Given your expertise in time value of money issues, explain to Uncle Jerry in simple to understand language, how such process - that is,

a) Given your expertise in time value of money issues, explain to Uncle Jerry in simple to understand language, how such process - that is, regarding time value of money calculations - is of benefit when seeking to make financial decisions.

b) How would you go about reconciling the significantly different conditions attached to each of 4 retailers as shown above, in order to make a financial decision?

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