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DB 1- What is the time value of money? DB 2- What is the nature of interest? Distinguish between simple interest and compound interest. DB

DB 1- What is the time value of money?

DB 2- What is the nature of interest? Distinguish between simple interest and compound interest.

DB 3- What are the primary characteristics of an annuity? Differentiate between an ordinary annuity and an annuity due.

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