Learn how to calculate the present value of an annuity. Discover key formulas, understand discount rates, and explore examples for better financial decisions.
Explore the Present Value Interest Factor of Annuity (PVIFA), including its definition, components, and calculation. Discover its role in capital budgeting.
Chris Gallant, CFA, is a senior manager of interest rate risk for ATB Financial with 10 years of experience in the financial markets. Suzanne is a content marketer, writer, and fact-checker. She holds ...