Free Present Value Interest Factor of an Annuity (PVIFA) Calculator

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Present Value Interest Factor of an Annuity (PVIFA) Calculator

This calculator will compute the present value interest factor of an annuity (PVIFA), given the periodic interest rate and the number of periods.

The PVIFA is commonly used to calculate the present value of a series of annuities.

Please supply the necessary parameter values, and then click 'Calculate'.

Number of periods:	The number of payment periods. For example, a 10-year loan with monthly payments would have: 10 years x 12 months = 120 payment periods.
Periodic rate:	The periodic interest rate. For example, if the annual interest rate is 6% and payments are made monthly, the periodic rate would be: 0.06 / 12 months = 0.005.

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