- r is the interest rate per period
- n is the number of periods
PVIFA = [1 – (1+r)-n] / r
PVIFA = [1 – (1+0.06)–11] / 0.06
PVIFA = 7.8869
Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.