PVIFA Calculator
| Parameter | Description | Example Value |
|---|---|---|
| Interest Rate | The annual interest rate. | 5% |
| Number of Periods | The number of compounding periods. | 10 years |
| PVIFA | The factor used to calculate the present value of an annuity, given the interest rate and number of periods. It is calculated using the formula: \[ PVIFA = \frac{1 – (1 + r)^{-n}}{r} \] where \( r \) is the interest rate and \( n \) is the number of periods. | 7.7217 |