PVIF
I need to set up the formula for PVIF.
PVIF=1/(1+k)^n k=interest rate n=years How do I enter this as a formula? I haven't found the standard instructions to be very beneficial. |
PVIF
=PV(5%,14,0,-1). Change 5% to your interest rate and 14 to the number of
years. PV really isn't meant to find the factor, but rather the PV of a series of cash flows. But if we set the annual payments to 0 and the FV to -1, we get the factor. "lisa.lute" wrote: I need to set up the formula for PVIF. PVIF=1/(1+k)^n k=interest rate n=years How do I enter this as a formula? I haven't found the standard instructions to be very beneficial. |
All times are GMT +1. The time now is 03:08 PM. |
Powered by vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
ExcelBanter.com