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What is the time value of money concept and its relationship to business and management as well as personal life? Explain in depth. What are

  • What is the time value of money concept and its relationship to business and management as well as personal life? Explain in depth.
  • What are the Differences between present value and future value?
  • What are Differences between present value of ordinary annuity and present value of annuity due?
  • How can the time value of money be used by management to maximize return and reduce risk?

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