Info

Tables have been constructed for the term in brackets for various values of i and n; Table A.3 is an example. For a more complete table, see Table B.2 in Appendix B. For the case being considered, look down the 5% column in Table A.3 to the fifth row. The figure shown there, 0.7835, is the present value interest factor (PVIFin) used to determine the present value of $127.63 payable in 5 years, discounted at 5%:

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