Manuals/calci/FVIFA - Revision history

Devika at 22:16, 22 August 2018

2018-08-22T22:16:53Z

Devika at 22:05, 29 June 2018

2018-06-29T22:05:57Z

Devika: /* Examples */

2018-03-23T18:47:43Z

Examples

Swapna: /* Examples */

2018-03-01T09:57:59Z

Examples

Swapna: Created page with "=FV(Rate, PaymentPeriods)= Where * $Rate$ is the rate of interest per period, * $PaymentPeriods$ is the total number of payment periods in an annuity, ..."

2017-03-14T11:31:37Z

Created page with "=FV(Rate, PaymentPeriods)= Where *<math>Rate</math> is the rate of interest per period, *<math>PaymentPeriods</math> is the total number of payment periods in an annuity, ..."

New page

=FV(Rate, PaymentPeriods)=

Where
*<math>Rate</math> is the rate of interest per period,
*<math>PaymentPeriods</math> is the total number of payment periods in an annuity,

FVIFA() calculates the future value interest factor of annuity depending on payment periods, and interest rate.

== Description ==

FV(Rate, PaymentPeriods)

*For monthly payment, Rate should be divided by 12 (e.g. 10%/12) and PaymentPeroid should be multiplied by 12 (e.g. 4*12).

== Examples ==

1. =FVIFA(4%/12,6) : Calculates the future value interest rate in annuity where annual interest rate is compounded monthly. <br/> Displays '''$6.63''' as a result.

2. =FVIFA(5%,20) : Calculates the future value interest rate in annuity <br/>. Displays '''$33.07''' as a result.

==Related Videos==

{{#ev:youtube|6OQKDsmr75I|280|center|FV}}

== See Also ==

*[[Manuals/calci/FV | FV]]
*[[Manuals/calci/FVIF | FVIF]]
*[[Manuals/calci/FVSCHEDULE | FVSCHEDULE]]

== References ==

*[http://http://en.wikipedia.org/wiki/Future_value Future Value]

*[[Z_API_Functions | List of Main Z Functions]]

*[[ Z3 | Z3 home ]]

@@ Line 3: / Line 3: @@
 *<math>Rate</math> is the rate of interest per period,
 *<math>NumberOfPayments</math> is the total number of payment periods in an annuity,
+**FVIFA() calculates the future value interest factor of annuity depending on payment periods, and interest rate.
 == Description ==

@@ Line 18: / Line 18: @@
 . =FVIFA(4%/12,6) : Calculates the future value interest rate in annuity where annual interest rate is compounded monthly. <br/> Displays '''6.050222778519099''' as a result.
-. =FVIFA(5%,20) : Calculates the future value interest rate in annuity <br/>. Displays '''33.07''' as a result.
+. =FVIFA(5%,20) : Calculates the future value interest rate in annuity <br/>. Displays '''33.06595410288845''' as a result.
 ==Related Videos==

@@ Line 1: / Line 1: @@
-=FV(Rate, PaymentPeriods)=
+<div style="font-size:30px">'''FVIFA (Rate,NumberOfPayments)'''</div><br/>
 Where
 *<math>Rate</math> is the rate of interest per period,
-*<math>PaymentPeriods</math> is the total number of payment periods in an annuity,
+*<math>NumberOfPayments</math> is the total number of payment periods in an annuity,
@@ Line 10: / Line 9: @@
 == Description ==
-FV(Rate, PaymentPeriods)
+FVIFA (Rate,NumberOfPayments)
 *For monthly payment, Rate should be divided by 12 (e.g. 10%/12) and PaymentPeroid should be multiplied by 12 (e.g. 4*12).