The currency is Naira. Also m stands for million. I.e. 2m = 2,000,000

2(a) There are two main sources of funds available to the entrepreneur: The short-term and the long-term. Explain any five (5) of the short-term sources. (10 marks) 2(b) Philips Consulting expects to receive N180,000 per year at the end of each year for the next 20 years from a new machine. If the firm's opportunity cost of fund is 10 per cent, how much is the present value of this annuity? (10 marks)