Manuals/calci/FVIF
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.
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 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
- FVIF(1000) = 0.001
- FVIF(1.084) = 0.9225092250922509
- FVIF(887187064230.8887) = 1.127158003444189e-12