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Which of the following steps in not relevant when valuing liabilities?
Television
An electronic system of transmitting transient images of fixed or moving objects together with sound over a wire or through space by apparatus that converts light and sound into electrical waves and reconverts them into visible light rays and audible sound.
Savings
Money set aside for future use, typically in accounts that earn interest.
Interest Annually
The total interest that accrues over the course of a year, either on investments or loans.
Payment Now
An immediate payment, as opposed to payments scheduled in the future, often required to secure a purchase or service.
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