Difference between revisions of "Manuals/calci/FVIF"
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(Created page with "<div style="font-size:30px">'''FVIF (PVIF)'''</div><br/> *<math>PVIF </math> is the present value interest factor. ==Description== *This function shows the Future value fact...") |
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<div style="font-size:30px">'''FVIF (PVIF)'''</div><br/> | <div style="font-size:30px">'''FVIF (PVIF)'''</div><br/> | ||
| + | where | ||
*<math>PVIF </math> is the present value interest factor. | *<math>PVIF </math> is the present value interest factor. | ||
| + | **FVIF() shows the Future value factor. | ||
==Description== | ==Description== | ||
| − | + | ||
| − | + | FVIF(PVIF) | |
| + | *<math>PVIF</math> is the present value interest factor. | ||
*It is also called Future 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 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: | *The formula for Future value factor formula is: | ||
| − | <math>Future Value Factor = (1 + r)^n</math> | + | <math>Future Value Factor = (1 + r)^n</math> |
| + | where <math>r</math> is the interest rate per period, and <math>n</math> the number of periods. | ||
| Line 15: | Line 19: | ||
#FVIF(1.084) = 0.9225092250922509 | #FVIF(1.084) = 0.9225092250922509 | ||
#FVIF(887187064230.8887) = 1.127158003444189e-12 | #FVIF(887187064230.8887) = 1.127158003444189e-12 | ||
| + | |||
| + | ==Related Videos== | ||
| + | |||
| + | {{#ev:youtube|v=B-qzELiAB24|280|center|Future value Interest}} | ||
==See Also== | ==See Also== | ||
Latest revision as of 15:18, 22 February 2019
FVIF (PVIF)
where
- is the present value interest factor.
- FVIF() shows the Future value factor.
is the present value interest factor.
Description
FVIF(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:
where is the interest rate per period, and the number of periods.
where 
is the interest rate per period, and 
the number of periods.
Examples
- FVIF(1000) = 0.001
- FVIF(1.084) = 0.9225092250922509
- FVIF(887187064230.8887) = 1.127158003444189e-12