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a) What do we mean by the future value of an investment? b) What does it mean to compound interest? How does compound interest differ

a) What do we mean by the future value of an investment?

b) What does it mean to compound interest? How does compound interest differ from simple interest?

c) What do we mean by the present value of an investment?

d) What do we mean by Discounted Cash Flow or DFC valuation?

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