FVIFA on TI BA II Plus
Location:TI BA II+
With this tutorial on Texas Instruments BA II Plus, you will learn how to find PVIFA or Present Value Interest Factor of ordinary annuity of $1 at i% interest rate for n periods.
PVIFA Example
We will illustrate how you can use TI BA II Plus to find PVIFA or Present Value interest factor of ordinary annuity of $1 at 10% interest rate for a period 15 years. How do we find the PVIFA with TI BA II Plus
PVIFA Step by Step using TI BA II Plus
| To | Press | Display | |||
| Set all variables to default | 2nd | reset | enter | RST | 0.00 |
| Enter number of periods | 15 | N | N= | 15.00 | |
| Enter interest rate per payment period | 10 | I/Y | I/Y= | 10.00 | |
| Enter Payment | 1 | +/- | PMT | PMT= | -1.00 |
| Compute present value (ordinary annuity) | CPT | PV | PVIFA= | 7.6061 | |
Related Interest factors TI BA II Plus tutorials
Following is a list of related TI BA II Plus tutorials that cover other interest factors used in financial management:
Location:
TI BA II+
PVIFA Calculator
Location:Financial Calculators
ThinkAndDone.com provides you an online PVIFA Calculator that calculates present value interest factor of ordinary annuity of $1 along with the interest rate i and number of periods n from PVIFA. The PVIFA calculator allows you to choose from discrete and continuous compounding of interest.
Location:
Financial Calculators
PVIFA Table
Location:Financial Tables
Get yourself a PVIFA PDF download file that tabulates present value annuity factor of a $1 at interest rates ranging from 1% to 50% for number of periods ranging from 1 to 50. The PVIFA table comes in an easy to read format where alternating rows are highlighted in contrasting colors. A must have for any financial analyst, business student, and other accounting professionals.
Location:
Financial Tables