PVIFA Calculator (Present Value Interest Factor of Annuity)
FinanceCalculate the Present Value Interest Factor of an Annuity, the multiplier that converts a stream of equal periodic payments into their present-day value.
PVIFA
Multiply this factor by a payment amount to get its present value
Implied Present Value
$20,198.23
The present value of this payment stream, using the factor above
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Odeh Ahwal0people find this calculator helpful
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Frequently Asked Questions
Why would I want just the factor instead of a dollar amount?
A PVIFA table or factor lets you quickly compare the present-value effect of different rates and terms without recalculating the whole formula each time, then apply it to any payment amount later.
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