How to Calculate PVIF and PVIFA on Simple Calculator in 10 Seconds

How to Calculate PVIF and PVIFA

Calculate PVIF- Present Value of Interest Factor & PVIFA- Present Value of Interest Factor of Annuity using Simple Calculator. What is the ‘Present Value Interest Factor – PVIF’

Get JAIIB Study Material Click Here

Full Course Videos in Hindi English
Check Here
————————————————————-
jaiib ppb short notes part 1
Check Here
————————————————————-
jaiib exam free study material
Check here
————————————————————-
jaiib study material pdf notes 2022
Get Tests Here
————————————————————-
how to prepare for ppb
Check Here

The present value interest factor (PVIF) is a factor that is utilized to provide a simple calculation for determining the present value dollar amount of a sum of money to be received at some future point in time.

Give Mock Test of JAIIB/CAIIB

For determination or consideration of a series of possible present values, PVIFs are often represented in the form of a table used for calculating the present value of a future sum with varying interest rate and time period combinations.

The present value interest factor is based on the foundational financial concept of the time value of money, which states that the present value of a sum of money not to be received until sometime in the future must be discounted from the future amount according to a rate of return that could be earned on capital at the present time.

How to Calculate PVIF and PVIFA on Simple Calculator

To Calculate PVIF of 12% for 4 years.
1. Convert 12% into decimal part = 12/100 = 0.12
2. Add 1 to it = 0.12 + 1 = 1.12
3. Now, just press “1/1.12” and press “=” as many times as the number of years (here 4 times)
4. You got the answer (PVIF) – 0.6355
To Calculate PVIFA of 12% for 4 years.
Follow the first 4 steps, and
5. Press the GT (Grand Total) button on the Top Left side.
6. You got the answer (PVIFA) – 3.0373

Also See:

  1. [UPDATED] Current Banking Rates
  2. JAIIB AND DB&F Paper 1 Syllabus: Principles & Practices of Banking
  3. JAIIB PPB Recollected Questions
  4. PPB Mock Test
  5. PPB Mock Test 2
  6. PPB Mock Test 3
  7. Accounting and Finance for Banking Previous Year Questions
  8. Types of Ratios
  9. JAIIB AND DB&F Paper 2 Syllabus: Accounting & Finance for Bankers
  10. What is petty cash?
  11. What are ‘Current Liabilities’
  12. AFB Numerical Part 1 [10 Questions]
  13. 100 Basics of Legal and Regulatory Aspects of Banking – JAIIB
  14. JAIIB AND DB&F Paper 3 Syllabus: Legal & Regulatory Aspects of Banking
  15. All About JAIIB: Exam Pattern, Eligibility and Schedule
  16. Useful for JAIIB

Accounting & Finance for Banking

Principles & Practices of Banking Module E Pdf

Free
Module E PPB ePDFs available in our android app. Get them all at https://iibf.info/app

Accounting and Finance for Banking Module A Pdf

Free
Accounting and finance for bankers all ePDFs are available in our an app. Get them all at https://iibf.info/app

Accounting and Finance for Banking Module A Pdf

Free
Accounting and finance for bankers all ePDFs are available in our an app. Get them all at https://iibf.info/app

Leave a reply

Please enter your comment!
Please enter your name here

Learning Sessionshttps://iibf.info
Btech, JAIIB CAIIB and a tutor. Have taken more than 900+ hours online classes with more than 1,25,000 students

Popular

Free Live Classes

spot_img

More from author

Principles and Practices of Banking – PPB Most important Questions

Hello friends, today in this article by the learning sessions we will share important questions and memory called topics of PPB that is principles...

JAIIB Exam Legal and Regulatory aspects of Banking Important Questions in Hindi

https://www.youtube.com/watch?v=6WUXxLvcKm8 Legal and regulatory aspects of Banking previous year questions for JAIIB exam are covered in this video. These questions are very important for legal...

Accounting and Finance Exam in One Attempt

Jaiib exam dates have already been announced by the IIBF. This is high time for preparing JAIIB. If you have also applied for JAIIB...

What next after CAIIB? IIBF Certifications at a Glance

What next after CAIIB? 15 Certificate Exams in Finance and Banking useful for Bankers:: Introduction As per the IBA settlement, bankers who have passed JAIIB and CAIIB...