Financial Management: Core Concepts, Third Edition

Appendix 2 Present Value Interest Factors

$$PVIF=\frac{1}{{\left(1+r\right)}^n}$$

(where r is the periodic interest rate and n is the number of periods)

n\r	0.005	0.01	0.015	0.02	0.03	0.04	0.05	0.06
1	0.9950	0.9901	0.9852	0.9804	0.9709	0.9615	0.9524	0.9434
2	0.9901	0.9803	0.9707	0.9612	0.9426	0.9246	0.9070	0.8900
3	0.9851	0.9706	0.9563	0.9423	0.9151	0.8890	0.8638	0.8396
4	0.9802	0.9610	0.9422	0.9238	0.8885	0.8548	0.8227	0.7921
5	0.9754	0.9515	0.9283	0.9057	0.8626	0.8219	0.7835	0.7473
6	0.9705	0.9420	0.9145	0.8880	0.8375	0.7903	0.7462	0.7050
7	0.9657	0.9327	0.9010	0.8706	0.8131	0.7599	0.7107	0.6651
8	0.9609	0.9235	0.8877	0.8535	0.7894 ...