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MS Office Forum / Excel / Setup / October 2005PVIF
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. =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. > I need to set up the formula for PVIF. > PVIF=1/(1+k)^n [quoted text clipped - 3 lines] > How do I enter this as a formula? I haven't found the standard instructions > to be very beneficial.
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