### FVIFA TABLE PDF

Table 1: F uture Value Interest F actor (F. V. IF.) ($1 at r% for n periods). F. V .. Table 3: Future Value of an Annuity Interest Factor (FVIFA) ($1 per period at r%. n \ r. 1%. 2%. 3%. 4%. 5%. 6%. 7%. 8%. 9%. 10%. 11%. 12%. 13%. 14%. 15%. 16%. 17%. 1. This tutorial demonstrates how to create the PVIF, FVIF, PVIFA, and FVIFA tables using Excel. I use conditional formatting, custom number formatting, data.

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Note that we still need slightly different formulas, depending on the type of annuity as described above.

The format mask to do that is 0. How much do you need to deposit today in order to achieve your goal?

## FVIFA Calculator

We can do this by applying some data validation rules to those cells. For example, we don’t want them to enter a negative interest rate in B1.

Select B1 and then click the Data Validation button on the Data tab. Apply a border to the bottom using the Format button. The first rule will create the shading and borders for the top row of our table. Additionally, we need to specify the Type argument to the function.

We only want to apply the format to the cells if they are in the “visible” part of the table that is, the column is within the range specified by the number of columns in B6. We don’t need to use that setting here, but you should be aware that it exists. We will use the following IF statement:. For the interest rate we want to allow any decimal number between 0 and 0.

Substituting 1 for FV, 3 for N, and 0. We need to add 1 to the number of columns because we are including column A, which is not a part of the 30 columns specified. Note that if some of your rules don’t work properly, you can always go back and edit them by choosing Manage Rules from the Conditional Formatting drop-down.

This will provide the user with a drop-down list from which they can choose the type of annuity. To create the data table we need to select A Note that the underscores add spaces to the number format, and that the right paren at the end is required.

That is the same value that we used for the PVIF in the original example problem above. The results will be placed into an vfifa at the intersection of the appropriate row and column.

Click OK to apply the formatting rule. Before creating the data table, I should explain the data in E1: If you change the value in B1, for example, then the interest rates in the table will change, and the interest factors will be fvfia as well. Let’s take care of a couple of simple items first.

AE10 and then call up the dialog box above. In the format, set the font color to white. In B7 we will enter another data validation rule. Our PVIF table will serve as a template for each of the other tabke tables. The rest of the table is filled in automatically when we use the Data Table command.

### Time Value of Money Tables in Excel |

To set the custom number format, select A10 and then right click and choose Format Cells. So, the rule will be:. Time value of money tables are very easy to use because they provide a “factor” that is multiplied by a present value, future value, or annuity payment to find the answer.

This is where you tell Excel that cell F1 is where to plug in the numbers from the top row of the table the interest rates and that F2 is where tabel plug in the numbers from the left column the period numbers. If you choose, you can set fable input message that will popup when the cell is selected, and an error message that is displayed if the user enters a number outside of the allowable range. 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.

Also, we don’t need to see the number in Tabble Since we are building these tables with Excel, we can use its built-in functions PV in this case instead of the mathematical formula.

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. Click the OK button to apply the custom number format.

To set up the rules, select a cell or range and then click the Conditional Formatting button on the Home tab of the ribbon. This tutorial will demonstrate how to create these tables using Excel.

### FVIFA Calculator – Calculate Future Value Interest Factor of Annuity

Fvira B7 and then the Data Validation button. This tells Excel to display the word “Period” regardless of the result of the formula. At this point the PVIF table is fully functional. This feature is typically used for fvida analysis. In recent years these tables have slowly given way to financial calculators, but they are still widely used by some professors and on some professional exams.

We don’t need to see the contents of E1: This will launch the following dialog box:. Table recalculation can be slow for large tables or complicated formulas, so one of Excel’s calculation options is to Automatic Except for Data Tables. F2, so we can hide those cells by setting the font color to white.