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Distinguish between ordinary annuities and annuities due

Discusson Post: Managerial Finance

i. Define the time value of money. Do you believe that the average person considers the time value of money when they make investment decisions? Explain.

ii. Distinguish between ordinary annuities and annuities due. Also, distinguish between the future value of an annuity and the present value of an annuity.

The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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