Question: 1. Answer the following questions: i. What are the basic variables of time value of money? ii. What is the difference between simple and compound

1. Answer the following questions: i. What are the basic variables of time value of money? ii. What is the difference between simple and compound interest? iii. Explain the importance of finance on a small business enterprise. iv. What is the difference future value and present value? V. ose has $4,000 to invest for a two year vi. period. He is looking at four different investment choices. What will be the value of vii. his investment at the end of two years for each of the following potentia

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