FVIF Calculator
Written by:Abraham A.Finance.ThinkAndDone.com provides you online and windows calculators to calculate future value interest factor FVIF of a lump-sum given the interest rate per period and number of periods. FVIF represents the compounded future value of a single dollar; compounded interest includes interest not only on principal but also on interest earned in previous periods. This is unlike the simple interest that only includes interest on the principal amount. Interest may be compouded either discretely or it may be compounded continuously, the FVIF calculator considers both these options and the results will show that FVIF is higher when interest is compounded continuously whereas FVIF is lower when interest is compounded on discrete terms. The online FVIF calculator also permits you to find interest rate i when FVIF and number of periods n are given, and finds number of periods n when FVIF and interest rate i are given.
FVIF Calculator
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type in the authorization code in the box located below:
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Discrete Compounding |
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Continuous Compounding |
Instructions
To use this online calculator to calculate future value interest factor FVIF of a $1, you need to type in interest rate per period i and number of periods.
- Assuming interest rate is 4.50 percent for 10 years
- You have to type in 4.50 for interest rate and 10 for years
To use this online calculator to calculate interest rate, you need to type in future value interest factor FVIF and number of periods.
- Assuming future value interest factor is 1.7908477 for 10 years
- You have to type in 1.7908477 for FVIF and 10 for years
To use this online calculator to calculate number of periods n, you need to type in future value interest factor FVIF and interest rate n.
- Assuming future value interest factor is 1.9671514 at 7 percent rate of interest
- You have to type in 1.9671514 for FVIF and 7 for interest rate
