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Use the information in the table to calculate the present value of the annuity: Annual Payment $39900 Discount Rate 3% Number of Years 3 Use

Use the information in the table to calculate the present value of the annuity:

Annual Payment $39900
Discount Rate 3%
Number of Years 3

image text in transcribed

Use the information in the table to calculate the present value of the annuity: Annual Payment $39900 Discount Rate Number of Years 3 3% Do not enter dollar signs or commas in the input boxes. Use the PV tables in the appendix of the textbook Round your answer to the nearest whole number. Present Value: $ Check

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