Question: Using formulas, calculate the present value factors for lump sums and annuities using a rate of 3%. After completing the table above, create the annuity

Using formulas, calculate the present value factors for lump sums and annuities using a rate of 3%.

After completing the table above, create the annuity table for 3% below.

Present Value of an Annuity of $1.00

Periods3%
1?
2?
3?

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