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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The snippet below shows the formulas that are in the PVIF table from above:.

## FVIFA Calculator

If you choose, you can set an input message that will popup when the cell is selected, and an error gvifa that is displayed if the user enters a number outside of the allowable range. It works by substituting the a fvofa from the top row and left column into the cells specified F1 and F2. Exit from the dialog box so that we can start creating new rules. Did you know that Amazon is offering 6 months of Amazon Prime – free two-day shipping, free movies, and other fvica – to students?

In the format, set the font color to white. Only the formatting of the result has been changed. The average is 0. Before creating the data table, I should explain the data in E1: But what happens if the interest rate is 3.

### Time Value of Money Tables in Excel |

Go to the Number tab and choose the Custom category. For reference, if you change B7 to an annuity due you should get 1. 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.

How much do you need to deposit today in order to achieve your goal? 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 atble visible in the table. The formula in A10 is:.

We don’t need to use that setting here, but you should be aware that it exists. Note that the PV function is only used in the upper-left corner of the table.

Virtually every finance textbook has, at the back, a series of tables that contain multipliers that can be used to easily calculate present or future values without the need for a financial calculator. For the text in A9 talbe need to specify slightly different text depending on the type of annuity.

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

The tables created here are much better than the textbook tables because they overcome a couple of limitations:. Then you have to interpolate because 3.

They must be formulas that will evaluate to either True or False. This feature is typically used for sensitivity analysis. Once we get this working properly, we can simply copy the worksheet and then change the formula that drives the table.

This time we want to set the Allow to List and then the Souce to “Regular, Due” do not type the quotes, but do include the comma.

AE70 and then use this rule:. That is the same value that we used for the PVIF in the original example problem above. That will preserve the data, but it fvifx be invisible because the font color is the same as the background color.

In A7 enter “Type” for the type of annuity.

For fcifa annuities this argument is 0, but for annuities due it is 1. That is the same as the PVIF that we originally pulled from the table. This will provide the user with a drop-down list from which they can choose the type of annuity. If you change B6 to 15, then A Excel does this repeatedly to fill in the table.