Question: Which factor would you use from a present value table to calculate the present value of receiving $500 in 3 years at an interest rate

Which factor would you use from a present value table to calculate the present value of receiving $500 in 3 years at an interest rate of 5%? Which factor would you use from a present value table to calculate the present value of receiving $500 in 3 years at an interest rate of 5%?

PV of $1 at 5% for 3 years

PV of an annuity at 5% for 3 years

FV of $1 at 5% for 3 years

FV of an annuity at 5% for 3 years

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