Subject: Finance

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Question: 1 (a)

Define following Terms with examples of each point:

(i) Compounding (ii) Discounting (iii) Perpetuities (iv) Annuities, Annuities Normal & Due

Question: 1 (b)

What is an Income Statement, and what information does it provide?

What is often called the bottom line? What is EBITDA?

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Note: Kindly answer both parts a and b with relevant examples with proper headings, if you want uplike on your answer, thanks