Again, tables have been worked out for PVIFA,n, the term in parentheses in Equation A.5, as Table A.5 illustrates; a more complete listing is found in Table B.4 in Appendix B. From Table A.5, the PVIFAi n for a 3-year, 4% annuity is found to be 2.7751. Multiplying this factor by the $1,000 annual receipt gives $2,775.10, the present value of the annuity. This figure is identical to the long-method answer shown in Figure A.4:
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