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Created page with "<div style="font-size:30px">'''PVIF (Rate,NumberOfPayments)'''</div><br/> *<math>Rate</math> is the rate of interest. *<math>NumberOfPayments</math> . ==Description== *This ..."
<div style="font-size:30px">'''PVIF (Rate,NumberOfPayments)'''</div><br/>
*<math>Rate</math> is the rate of interest.
*<math>NumberOfPayments</math> .
==Description==
*This function shows the present value interest factor.
*In <math>PVIF (Rate,NumberOfPayments)</math>,<math>Rate</math> is the rate of intesrest.
*<math>NumberOfPayments</math> is the number of installments.
*The present value factor which is a factor used to calculate an estimate of the present value of an amount to be received in a future period.
*The present value factor is also called present value interest factor.
*The formula for PVIF is :
<math>PVIF =\frac{1}{(1 + r)^n}</math>,where r = interest rate per period.n = number of periods.
*This function will return the result as NaN when any one of the parameter is non numeric.
==Examples==
# PVIF(9,3) = 1000
# PVIF(7.3,13) = 887187064230.8887
# PVIF(3.65,45) = 1.0848829404063244e+30
==See Also==
*[[Manuals/calci/PV | PV ]]
*[[Manuals/calci/PVIFA | PVIFA ]]
*[[Manuals/calci/FV | FV ]]
==References==
*[[https://www.miniwebtool.com/pvif-calculator/ PVIF]
*[[Z_API_Functions | List of Main Z Functions]]
*[[ Z3 | Z3 home ]]
*<math>Rate</math> is the rate of interest.
*<math>NumberOfPayments</math> .
==Description==
*This function shows the present value interest factor.
*In <math>PVIF (Rate,NumberOfPayments)</math>,<math>Rate</math> is the rate of intesrest.
*<math>NumberOfPayments</math> is the number of installments.
*The present value factor which is a factor used to calculate an estimate of the present value of an amount to be received in a future period.
*The present value factor is also called present value interest factor.
*The formula for PVIF is :
<math>PVIF =\frac{1}{(1 + r)^n}</math>,where r = interest rate per period.n = number of periods.
*This function will return the result as NaN when any one of the parameter is non numeric.
==Examples==
# PVIF(9,3) = 1000
# PVIF(7.3,13) = 887187064230.8887
# PVIF(3.65,45) = 1.0848829404063244e+30
==See Also==
*[[Manuals/calci/PV | PV ]]
*[[Manuals/calci/PVIFA | PVIFA ]]
*[[Manuals/calci/FV | FV ]]
==References==
*[[https://www.miniwebtool.com/pvif-calculator/ PVIF]
*[[Z_API_Functions | List of Main Z Functions]]
*[[ Z3 | Z3 home ]]