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use this formula PVAn = CF / i x { 1 - 1 / ( 1 + i ) ^ n } 7 4 5

use this formula PVAn = CF/i x {1-1/(1+i)^n}745730 number as the actual amount borrowed, and the lending rate is 6.54% per annum to calculate the followings:
1. Initial fortnightly payment of a 25-year mortgage using the PVA formula.

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