## What does PVIF stand for in finance?

present value interest factor

The present value interest factor (PVIF) is a formula used to estimate the current worth of a sum of money that is to be received at some future date. PVIFs are often presented in the form of a table with values for different time periods and interest rate combinations.

**How is PVIF rate calculated?**

Also called the Present Value of One or PV Factor, the Present Value Factor is a formula used to calculate the Present Value of 1 unit n number of periods into the future. The PV Factor is equal to 1 รท (1 +i)^n where i is the rate (e.g. interest rate or discount rate) and n is the number of periods.

**How is PVIF annuity calculated?**

PVIFA = (1 – (1 + r)^-n) / r.

### How do you calculate PVIF in Excel?

Example: if you were trying to figure out the present value of a future annuity that has an interest rate of 5 percent for 12 years with an annual payment of $1000, you would enter the following formula: =PV(. 05,12,1000). This would get you a present value of $8,863.25.

**What is Pvifa calculator?**

The PVIFA Calculator is used to calculate the present value interest factor of annuity (abbreviated as PVIFA). PVIFA is a factor that can be used to calculate the present value of a series of annuities.

**How do I insert a PVIF in Excel?**

Example: if you were trying to figure out the present value of a future annuity that has an interest rate of 5 percent for 12 years with an annual payment of $1000, you would enter the following formula: =PV(. 05,12,1000).

## How do you solve for PVIFA in Excel?

The basic annuity formula in Excel for present value is =PV(RATE,NPER,PMT). PMT is the amount of each payment. Example: if you were trying to figure out the present value of a future annuity that has an interest rate of 5 percent for 12 years with an annual payment of $1000, you would enter the following formula: =PV(.

**How do you calculate annuity in Excel?**

**How much does a 1 500 000 annuity pay per month?**

How much does a $500,000 annuity pay per month? A $500,000 annuity would pay you approximately $2,188 each month for the rest of your life if you purchased the annuity at age 60 and began taking payments immediately.

### What is PVIFA calculator?

**How do I use PVIF in Excel?**