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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Since we are building these tables with Excel, we can use its built-in functions PV in this fvufa instead of the mathematical formula. Exit from the dialog box so that we can start creating new rules. For reference, if you change B7 to an annuity due you should get 1.

Click here to learn more. That is the same value that we used for the PVIF in the original example problem above.

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. This is where you tell Excel tabel 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.

## FVIFA Calculator

In fact, it just confuses things. This is the area specifically, F1 and F2 where Excel will substitute the values from fviffa top row and left column to get the numbers to paste into the table. Your worksheet should now look like the one below, except for the shading in row The third rule will hide everything outside of the visible part of the table as defined by the values in B5: The tables are almost identical, except for the text in A9 and the formula in A Select the entire table A So, we will apply a custom format to display the text “Period” instead of the result of the formula.

To create the data table we need to select A Are you a student? For the second rule we want to apply a border to fvkfa right edge of column A, but only those rows that are supposed to be visible in the table. Click OK to apply the formatting rule. At this point the PVIF table is fully functional.

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. This allows us to enter a formula once, and then it will automatically populate the table based on values in the left column and top row of the table. Please note that the vfifa numbers in F1 and F2 do not matter at all because Excel is going to replace them to create fvifs table. Again, this is a two-input data table.

AE10 and then call up the dialog box above.

### FVIFA Calculator – Tool Slick

So, the rule will be:. Substituting 1 for FV, 3 for N, and 0.

Also, we don’t need to see the number in A Choose New Rule from the menu. Start by adding some data in row 7. The format mask to do that is 0. In this case, the table provides a factor that is multiplied by a future value of a lump sum cash flow in order to obtain its present value. This feature is typically used for sensitivity analysis.

The first rule will create the shading and borders for the top row of our table. Note that this does not change the formula or the result, only what appears in the cell.

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. A70 and then create this formatting rule:. Before creating the data table, I should explain the data in E1: You can also create a one-input data table by specifying only the row or column input cell, but fvifq wouldn’t suit the purpose here.

The formula in A10 is:. We want the period numbers to have two decimal places and to be roughly centered in column A.

Rather than creating a large table with the PV function repeated over and over again, we will use Excel’s two-input data table feature.