Manuals/calci/FVIF

FVIF (PVIF)

where

• $PVIF$ is the present value interest factor.
  • FVIF() shows the Future value factor.

Description

FVIF(PVIF)

• $PVIF$ 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:

$FutureValueFactor=(1+r)^{n}$ where $r$ is the interest rate per period, and $n$ the number of periods.

Examples

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

Related Videos

Future value Interest

See Also

• FV
• PV
• PVIF

References

• Future value

• List of Main Z Functions

• Z3 home