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In a large mixing bowl, fold together the whipped cream, peanut butter, yogurt, pretzels and banana.
In a clear jar or glass, layer the parfait starting with the peanut butter whipped cream, then a sprinkle of crushed cookies and a sprinkle of peanuts. Repeat as many times as you can with remaining ingredients, ending with a layer of peanuts on the top. Top with a cherry.