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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*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. | ||
Revision as of 12:23, 3 October 2017
FVIF (PVIF)
- is the present value interest factor.
is the present value interest factor.Description
- This function shows the Future value factor.
- In , 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