Manuals/calci/FVIF

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

Related Videos

Future value Interest

See Also

References