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PVIF
FVIF
PVIFA
FVIFA
None of the above (you can't fool me!)
A factor which can be used to calculate the present value of a series of annuities. The initial deposit, earning interest at the periodic rate (r), perfectly finances a series of (N) consecutive dollar withdrawals. PVIFA is also a variable used when calculating the present value of an ordinary annuity.
PVIFA................
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I would agree with the experts on
PVIFA
Who am I to doubt the answer of Mr. Jetley, thank you, I have learned something again
Correct answer given by Mr. Emad <<<<<<<<<<<<<<<<<<<
>>>>>> The answer will be PVIFA