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Facts PV: $11,100 Payment: Annual Interest Rate: 39 Deferral period 5 year(s) Payment period 9 year(s) Compounded: Annually Table Method TEP 1: PMT Factor STEP

Facts PV: $11,100 Payment: Annual Interest Rate: 39 Deferral period 5 year(s) Payment period 9 year(s) Compounded: Annually Table Method TEP 1: PMT Factor STEP 2: FV x PV Factor x 11

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