Difference between revisions of "Manuals/calci/PVIF"
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==References== | ==References== | ||
| − | * | + | *[https://www.miniwebtool.com/pvif-calculator/ PVIF] |
| + | |||
*[[Z_API_Functions | List of Main Z Functions]] | *[[Z_API_Functions | List of Main Z Functions]] | ||
*[[ Z3 | Z3 home ]] | *[[ Z3 | Z3 home ]] | ||
Revision as of 19:04, 27 March 2018
PVIF (Rate,NumberOfPayments)
- 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 Rate} is the rate of interest.
- 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 NumberOfPayments} is the number of installments.
Description
- This function shows the present value interest 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 PVIF (Rate,NumberOfPayments)} ,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 Rate} is the rate of intesrest.
- 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 NumberOfPayments} 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 :
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 =\frac{1}{(1 + r)^n}} ,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
References