2018 Spring Q14 Typo?

Hi there,

Just want to verify this potential typo in the examiner report:

The adjustment for PV factor @ 2.5% is:
PV@2.5% = 0.9522(1.03)^(0.5−1/3)=0.9569

Shouldnt it be 0.9522(1.025)^(0.5−1/3)=0.9561?

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