Online Calculators

# Present Value of $1 Annuity Table Creator Present Value of Annuity Table (PVIFA) Interest Rates (i) : Columns Periods (n) : Rows Answer: Present Value of an Ordinary Annuity of$1
$PVOA=\frac{\1}{i}\left[1-\frac{1}{(1+i)^n}\right]$
n / i
1%
2%
3%
1
0.99010
0.98039
0.97087
2
1.97040
1.94156
1.91347
3
2.94099
2.88388
2.82861
4
3.90197
3.80773
3.71710
5
4.85343
4.71346
4.57971
6
5.79548
5.60143
5.41719
7
6.72819
6.47199
6.23028
8
7.65168
7.32548
7.01969
9
8.56602
8.16224
7.78611
10
9.47130
8.98259
8.53020

## Calculator Use

PVIFA calculator. Calculate the present value interest factor of an annuity (PVIFA) and create a table of PVIFA values. Create a printable compound interest table for the present value of an ordinary annuity or present value of an annuity due for payments of $1. ### Present Value of an Annuity Formula $$PV=\dfrac{PMT}{i}\left[1-\dfrac{1}{(1+i)^n}\right](1+iT)$$ where i is the interest rate per period and n is the total number of periods with compounding occurring once per period. Since the annuity is payments of$1, PMT = $1 and we have $$PV=\dfrac{\1}{i}\left[1-\dfrac{1}{(1+i)^n}\right](1+iT)$$ T represents the type. (similar to Excel formulas) If payments are at the end of the period it is an ordinary annuity and we set T = 0. If payments are at the beginning of the period it is an annuity due and we set T = 1. #### Present Value of an Ordinary Annuity (PVOA) If type is ordinary, T = 0 and the equation reduces to the formula for present value of an ordinary annuity $$PVOA=\dfrac{\1}{i}\left[1-\dfrac{1}{(1+i)^n}\right]$$ #### Present Value of an Annuity Due (PVAD) otherwise T = 1 and the equation reduces to the formula for present value of an annuity due $$PVAD=\dfrac{\1}{i}\left[1-\dfrac{1}{(1+i)^n}\right](1+i)$$ You can then look up the present value interest factor in the table and use this value as a factor in calculating the present value of an annuity, series of payments. Cite this content, page or calculator as: Furey, Edward "Present Value of$1 Annuity Table" at https://www.calculatorsoup.com/calculators/financial/present-value-table-annuity.php from CalculatorSoup, https://www.calculatorsoup.com - Online Calculators

Last updated: March 27, 2024