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Requires: In your OWN WORDS , discuss the following terminologies & concepts and give example. 1. Payback Period 2. Accounting Rate of Return 3. Net

Requires:In yourOWN WORDS, discuss the following terminologies & concepts and give example.

1. Payback Period

2. Accounting Rate of Return

3. Net Present Value

4. Internal Rate of Return

5. Economic Growth and Economic Development

6. GNP/National Income

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