Present Value Tables: PVIF & PVIFA Factor Lookups
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Editorial verification: Examples on this page are checked against FutureCalc core formulas before publish. Source: cross-checked with OpenStax TVM basics and Investor.gov investing basics.
These factors come from the present value formula. For growth factors, see future value tables.
Interactive PVIF / PVIFA Tables
Rates 1%–12%, periods 1–20 (annual).
PVIF = 1 ÷ (1+i)n
PVIFA = [1 − (1+i)−n] ÷ i
How to use PV factor tables
Multiply a future lump sum by PVIF to get present value. Multiply a level annuity payment by PVIFA for the present value of the payment stream. Verify with the present value calculator or PV of annuity calculator.