PVIFA Calculator

Present Value Interest Factor of Annuity. PVIFA and PV of annuity from rate, periods, and payment.

Use the PVIFA Calculator

Enter rate per period (%), number of periods, and payment. PVIFA and present value of annuity are calculated.

Inputs

Rate per period (%), number of periods, payment.

Results

PVIFA
7.7217
PV of annuity
$7,722

PVIFA = [1 − (1+r)^−n] / r. PV of annuity = Payment × PVIFA.

How this calculator works

PVIFA = [1 − (1+r)^−n] / r. PV of annuity = Payment × PVIFA.

How to interpret your results

PV of annuity is the lump sum equivalent of the payment stream.

FAQs

What is PVIFA?
Present Value Interest Factor of Annuity = [1 − (1+r)^−n] / r. Used to value an ordinary annuity.
Which inputs do I need?
Rate per period (%), number of periods, and payment per period.
When would I use this?
To find the present value of a stream of equal payments.

Related tools

PVIFA Calculator

Present Value Interest Factor of Annuity. PVIFA and PV of annuity from rate, periods, and payment.

Use the PVIFA Calculator

Enter rate per period (%), number of periods, and payment. PVIFA and present value of annuity are calculated.

Inputs

Rate per period (%), number of periods, payment.

Results

PVIFA
7.7217
PV of annuity
$7,722

PVIFA = [1 − (1+r)^−n] / r. PV of annuity = Payment × PVIFA.

How this calculator works

PVIFA = [1 − (1+r)^−n] / r. PV of annuity = Payment × PVIFA.

How to interpret your results

PV of annuity is the lump sum equivalent of the payment stream.

FAQs

What is PVIFA?
Present Value Interest Factor of Annuity = [1 − (1+r)^−n] / r. Used to value an ordinary annuity.
Which inputs do I need?
Rate per period (%), number of periods, and payment per period.
When would I use this?
To find the present value of a stream of equal payments.

Related tools