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You are working on the calculation of a future value interest factor for a loan. You have a table of present value interest factors and,
You are working on the calculation of a future value interest factor for a loan. You have a table of present value interest factors and, using it in combination with percentage and period, find a present value interest factor of 0.557. Could you use this number to immediately calculate future value interest factor? If so, what would it be?
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