Find the present value interest factor used to discount a series of annuity payments at a given rate and period.
Annual interest rate percentage
Number of payment periods
PVIFA
Effective Rate
Total Periods
Enter values to calculate PVIFA
If you receive $1,000 per period:
Present Value = $1,000 × =
Where:
PVIFA (Present Value Interest Factor of Annuity) is a factor used to calculate the present value of an ordinary annuity.
Key Points:
| Periods | 3% | 5% | 7% | 10% | 12% |
|---|---|---|---|---|---|
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