Difference between revisions of "Manuals/calci/FVIF"

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<div style="font-size:30px">'''FVIF (PVIF)'''</div><br/>
+
=FVIF (PVIF)=
 +
 
 +
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==
*This function shows the Future value factor.
+
 
*In <math>FVIF(PVIF)</math>,<math>PVIF</math> is the present value interest factor.
+
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.

Revision as of 16:56, 4 January 2018

FVIF (PVIF)

where

  • is the present value interest factor.

FVIF() shows the Future value 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.


Examples

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

See Also

References