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As discussed in the time value of money topic, there are a number of different methods / devices that can be used to perform time value of money calculations.
Required:
a) Outline four of the methods / devices that can be used to perform time value of money calculations and discuss their relative advantages / disadvantages.
Note - this question requires an assessment of the comparative advantages / disadvantages of the various methods / devices (that is, what is different between them and how this can be viewed as an advantage / disadvantage), rather than any discussion as to how each method is applied - for example; financial tables.
b) By undertaking some basic research, briefly discuss at least 2 different free financial calculator 'apps' that are available, highlighting their relative advantages / disadvantages.
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