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Future value interest factor annuity

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14y ago

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When do you use fvif and fvifa?

An Annuity is a series of payments of a fixed amount for a specified number of equal length periods When the FV of an annuity is known, and you need to calculate the value of each payment, or the FVIFA, then: FVIFA = Future Value Interest Factor Annuity FVIFA = ((1 + r)t -1)/r FVA = Future Value of an Annuity FVA = PMT x (FVIFA r, t) * where: PMT = Regular payments r = discount rate - (interest rate of your choosing) t = number of periods (time) of annuity - (number of years for example) When the PV of an annuity is already known, and you need to calculate the value of each payment, or the PVIFA, then: PVIFA = Present Value Interest Factor Annuity PVIFA = ((1/r) - 1/r(1+r)t ) PVA = Present Value of an Annuity PVA = PMT x (PVIFA r, t) * where: PMT = Regular payments r = discount rate - (interest rate of your choosing) t = number of periods (time) of annuity - (number of years for example)


What is the Superlative and comparative to the word useful?

Most useful and more useful.


What is the comparative and superlative forms of useful?

more useful, the most useful


What is the comparative from useful?

The comparative form of "useful" is "more useful."


Comparative and superlative forms of useful?

more useful, most useful


What is a sentence with the word useful?

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How are mirrors useful on roads?

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What are the comparative and superlative of useful?

more useful, most useful


What is the Comparitive and superlative of useful?

more useful and most useful


Is nuclear-deal useful for us-why?

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When do you use pvifa and fvifa?

FVIFA is used in the following situations: a. What will be the accumulated savings if the annual savings is Rs.X for a given period? b. How much should we save annually to get a lump sum amount after a certain period of time? c. For redemption of debentures, how much should a firm deposit annually in sinking fund account to accumulate the redemption amount? PVIFA is used in the following situations: a. How much should i borrow for a particular EMI? b. How to calculate loan amortization schedule? c. How much should we invest for a certain period of time in order to make systematic withdrawal every month/year?


Are we useful?

Extremely useful