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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### FVIFA Calculator – Tool Slick

Time value of money tables are very easy to use because they provide a “factor” that is multiplied by a present value, future value, or annuity payment to find the answer. This tells Excel to display the word “Period” regardless of the result of the formula. The complication is because we want the table to handle both regular annuities and annuities due.

This tutorial will demonstrate how to create these tables using Excel. You can see how the rules are created. This will launch the following dialog box:. We only want to apply the format to the cells if they are in the “visible” part of the table that is, the column is within the range specified by the number of columns in B6.

Additionally, we need to specify the Type argument to the function. We need to add 1 to the number of columns because we are including column A, which is not a part of the 30 columns specified. 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.

Note that we still need slightly different formulas, depending on the type of annuity fvifaa described above. That will preserve the data, but it will be invisible because the font color is the same as the background color. 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.

Excel does this repeatedly to fill in the table. As noted, these tables provide a great deal of flexibility.

## FVIFA Calculator

Note that this does not change the formula or the result, only what appears in the cell. If you change to an annuity due in B7 then, for reference, you should get 1. Go to the Number tab and choose the Custom category.

Please note that the actual numbers in F1 and F2 do not matter at all because Excel is going to replace them to create the table. Formatting isn’t just for making your spreadsheet pretty. Start by adding some data in row 7. In A7 enter “Type” for the type of annuity. The Table function will display tabel array gvifa our table area B F2, so we can hide those cells by setting the font color to white. In the format, set the font color to white.

gable In recent years these tables have slowly given way to financial calculators, but they are still widely used by some professors and on some professional exams. P10 should have the format. So, the rule will be:. Click B7 and then the Data Validation button. We don’t need to see the contents of E1: Did you know that Amazon is fifa 6 months of Amazon Prime – free two-day shipping, free movies, and other benefits – to students? Choose Decimal from the Allow list, between from the Data list, set the minimum to 0, and the maximum to 0.

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 Note that if some of your rules don’t work properly, you can always go back and edit them by choosing Manage Rules from the Conditional Formatting drop-down. The fourth, and final, rule will underline the last visible row, but only in visible columns.

### Time Value of Money Tables in Excel |

Select the entire table A This is where you tell Excel that cell F1 is where to plug in the numbers from the top row twble the table the interest rates and that F2 is where to plug in the numbers from the left column the period numbers.

Click here to learn more. For the text in A9 we need to specify tbale different text depending on the type of annuity. Select B1 and then click the Data Validation button on the Data tab.

This feature is typically used for sensitivity analysis.