The future value factor is also called future value interest factor (FVIF). You can also use the future value factor table to find the value of future value factor. Pvif & Fvif Table – Free download as Word Doc .doc /.docx), PDF File .pdf), Text File .txt) or read online for free. Financial Table,Pvif Table,Fvif table. Future Value Interest Factor: FVIF(i, n). Financial Problems and Analysis . Appendix B. Future Value Interest Factor: FVIF(i, n).

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Future Value of $1 Table Creator

Select the entire table A To test it, change B6 to, say, 10 and make sure that only A P10 should have the format. This leads to the following dialog box:. This tells Excel to display the word “Period” regardless of the result of the formula.

This will provide the user with a drop-down list from which they can choose the type of annuity. This is the area specifically, F1 and F2 where Excel will substitute the values from the top row and left column to get the numbers to paste into the table.

Virtually every finance textbook has, at the back, a series of tables that contain multipliers that can be used to easily calculate present or future tabld without the need for a financial calculator. For example, we don’t want them to enter a negative interest rate in B1.

Future Value Factor Calculator

Note yable the PV function is only used in tagle upper-left corner of the table. The formula in A10 is:. For regular annuities this argument is 0, but for annuities due it is 1. We don’t need to use that setting here, but you should be aware that it exists. The tables created here are much better than the textbook tables because they overcome a couple of limitations:. As noted, these tables provide a great deal of flexibility.


We can do this by applying some data validation rules to those cells. Select B1 and then click the Data Validation button on the Data tab. The fourth, and final, rule will underline the last visible row, but only in visible columns.

At this point the PVIF table is fully functional. Note that this does not change the formula or the result, only what appears in the cell.

Future Value Factor Calculator

It works by substituting the a value from the top row and left column into the cells specified F1 and F2. Choose Decimal from rable Allow list, between from the Data list, set the minimum to 0, and the maximum to 0. This rule checks to see that it is in column A and that the row number is in the visible range. Go to the Number tab and choose the Custom category. The Table function will display that array in our table area B F2, so we can hide those cells by setting the font color to white.

So, we will apply a custom format to display the text “Period” instead of the result of the formula.

A70 and then create this formatting rule:. The first rule will create the shading and borders for the top row of our table. Notice that the value in A10 has changed to 0. But what happens if the interest rate is 3. Again, this is a two-input data tabke. To set the custom number format, select A10 and then right click and choose Format Cells. In the Type edit box, enter “Period” include the quotation marks. The PVIF is 0. If you change B6 to 15, then A The tables are almost identical, except for the text in A9 and the formula in A The complication is because we want the table to handle both regular annuities and annuities due.


So, the rule will be:. Only the formatting of the result has been changed.

For example, we might want to see how the present value changes when both the interest rate and number of periods changes. Click B7 and then the Data Validation button.

The key to creating the tables is to understand that they are all based upon the basic time value of money formulas. Then you have to interpolate because 3. Note that we still need slightly different formulas, depending on the type of annuity as described above. You can try it yourself: AE10 and then call up the dialog box above. Click here to learn more. For the second rule we want to apply a border to the right edge of column A, but only those rows that are supposed to be visible in the table.

For the interest rate we want to allow any decimal number between 0 and 0.