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Facts PV: Payment: $800 Annual Interest Rate: 1496 Deferral period 10 year(s) Payment period 9 year(s) Compounded: Annually Table Method STEP 1: PV PMT Factor

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Facts PV: Payment: $800 Annual Interest Rate: 1496 Deferral period 10 year(s) Payment period 9 year(s) Compounded: Annually Table Method STEP 1: PV PMT Factor X X STEP 2: PV = FV X Factor

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