Present value interest factor

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Present value interest factor (also known by its acronym, PVIF, and PVIFI,N]] is the present value interest factor for a lump sum received N periods in the future discounted at I percent per period.


Definitions

According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),

Present value interest factor (PVIF, PVIFI,N). The present value interest factor for a lump sum received N periods in the future discounted at I percent per period.

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