PVIFA Calculator – Easily Calculate Present Value Interest Factor

Use this PVIFA calculator to easily determine the present value interest factor of an annuity for your financial calculations.

PVIFA Calculator

Interest Rate (as a percentage): Number of Periods: CalculateResult:

How to use the PVIFA Calculator

To use this Present Value Interest Factor of Annuity (PVIFA) calculator, simply enter the interest rate (as a percentage) and the number of periods into the form fields above and click “Calculate”

How the PVIFA Calculator works

The calculator computes the Present Value Interest Factor of Annuity using the formula:

PVIFA = (1 - (1 + r)^(-n)) / r

Where:

• r is the interest rate per period
• n is the number of periods

The result is a factor that, when multiplied by a periodic payment amount, gives the present value of the annuity.

Limitations of the PVIFA Calculator

Here are some limitations to keep in mind:

• The interest rate should be a positive number.
• The number of periods should also be a positive number.
• The calculator does not account for changes in the interest rate over time.
• The calculator assumes that payments are made at the end of each period.

Note that the calculator is intended for educational purposes only and may not reflect all variables involved in financial calculations.