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:
  1. FVIF on TI BA II+
  2. FVIFA on TI BA II+
  3. FVIFAD on TI BA II+
  4. PVIF on TI BA II+
  5. PVIFAD on TI BA II+

PVIFA Calculator

Location:Financial Calculators
PVIFA Calculator 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.

PVIFA Table

Location:Financial Tables
PVIFA Table 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.