The future value factor is also called future value interest factor (FVIF). You can also use the future value factor table to find the value of future value factor. Pvif & Fvif Table – Free download as Word Doc .doc /.docx), PDF File .pdf), Text File .txt) or read online for free. Financial Table,Pvif Table,Fvif table. Future Value Interest Factor: FVIF(i, n). Financial Problems and Analysis . Appendix B. Future Value Interest Factor: FVIF(i, n).

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If you change B6 to 15, then A Start by adding some data in row 7. This is the area specifically, F1 and F2 where Excel will substitute the values from the top row and left column to get the numbers to paste into the table. For example, we might want to see how the present value changes when both the interest rate and number of periods changes.

In fact, it just confuses things.

## Future Value of $1 Table Creator

AE10 and then call up the dialog box above. You can see how the rules are created. The first rule will create the shading and borders for the top row of our table. Fvi will now see the following dialog box:. For regular annuities this argument is 0, but for annuities due it is 1. The PVIF is 0.

If you change to an annuity due in B7 then, for reference, you should get 1. Click B7 and then the Data Validation button. 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. We don’t need to use that setting here, but you should be aware that it exists. For example, we don’t want them to enter a negative interest rate in B1.

The third rule will hide everything outside of the visible part of the table as defined by the values in B5: In A7 enter “Type” for the type of annuity. 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.

In B7 we will enter another data validation rule. For reference, if you change B7 to an annuity due you should get 1. So, the rule will be:. They must be formulas that will evaluate to either True or False. That will preserve the data, but it will be invisible because the font color is the same as the background color. This will launch the following dialog box:. For the final touch, we want to make sure that a user cannot enter data that is unexpected in B1: The fourth, and final, rule will underline the last visible row, but only in visible columns.

This is where you tell Excel that cell F1 is where to plug in the numbers from the top row of the table the interest rates and that F2 is where to plug in the numbers from the left column the period numbers. It can also add to the functionality. If you change the value in B1, for example, then the interest rates in the table will change, and the interest factors will be recalculated as well. Again, this is a two-input data table.

Apply a format by clicking the Format button and apply some borders, background shading, and a bold font. To test it, change B6 to, say, 10 and make sure that only A If you choose, you can set an input message that will popup when the cell is selected, and an error message that is displayed if the user enters a number outside of the allowable range. The tables created here are much better than the textbook tables because they overcome a couple of limitations:.

Let’s set one more custom number format, this time in A In the format, set the font color to white. F2, so we can hide those cells by setting the font color to white.

Note that this does not change the formula or the result, only what appears in the cell. The key to creating the tables is to understand that they are all based upon the basic time value of money formulas. We want the period numbers to have two decimal places and to be roughly centered in column A. We want to create rules that are based on formulas, so choose the last item in the Rule Type list Use a formula to determine which cells to format.

P10 should have the format. This feature is typically used for sensitivity analysis. Click OK to apply the formatting rule.

### Future Value Factor Calculator

This tells Excel to display the word “Period” regardless of the result of the formula. Only the formatting of the result has been changed. How much do you need to deposit today in order to achieve your goal? So, essentially what happens in the data table is that Excel will plug numbers into F1 and F2 and then recalculate the formula in A For the text in A9 we need to specify slightly different text depending on the type of annuity.

Not too bad, but the tables that we create here can easily have the exact interest rate that you need. In this section we will see how to apply several different kinds of formatting and data validation rules to make the TVM tables more flexible and functional. The Table function will display that array in our table area B