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Please address the following 3 discussion questions in your own words , not from copying from a different website. Answer the following discussion questions: DB

Please address the following 3 discussion questions in your own words, not from copying from a different website.

Answer the following discussion questions:

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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