Difference between revisions of "Manuals/calci/FVIF"
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| − | =FVIF (PVIF) | + | <div style="font-size:30px">'''FVIF (PVIF)'''</div><br/> |
| − | |||
where | 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. | |
| − | FVIF() shows the Future value factor. | ||
==Description== | ==Description== | ||
Revision as of 16:16, 22 August 2018
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