Present Value Interest Factor of Annuity (PVIFA) Calculator

Calculate the present value interest factor of annuity to make informed investment decisions.

Result:

7.722
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Understanding PVIFA

The Present Value Interest Factor of Annuity (PVIFA) is a crucial financial metric that helps determine the present value of a series of future periodic payments. It's especially useful when evaluating:

  • Investment opportunities in annuities
  • Pension fund calculations
  • Loan payment structures
  • Business investment decisions

The PVIFA Formula

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

Where:

  • r = interest rate per period
  • n = number of periods