Manuals/calci/FVIF

FVIF (PVIF)

• $PVIF$ is the present value interest factor.

Description

• This function shows the Future value factor.
• In Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle FVIF(PVIF)} ,Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle PVIF} is the present value interest factor.
• It is also called Future value interest factor.
• The formula for the future value factor is used to calculate the future value of an amount per dollar of its present value.
• The formula for Future value factor formula is:

Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle Future Value Factor = (1 + r)^n} where Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle r} is the interest rate per period, and Failed to parse (MathML with SVG or PNG fallback (recommended for modern browsers and accessibility tools): Invalid response ("Math extension cannot connect to Restbase.") from server "https://wikimedia.org/api/rest_v1/":): {\displaystyle n} the number of periods.

Examples

1. FVIF(1000) = 0.001
2. FVIF(1.084) = 0.9225092250922509
3. FVIF(887187064230.8887) = 1.127158003444189e-12

See Also

• FV
• PV
• PVIF

References

• Future value

• List of Main Z Functions

• Z3 home