Introduction to Finance: Markets, Investments, and Financial Management, Fourteenth Edition

Appendix A. APPENDIX

TABLE 1

Future Value of $1 (FVIF)

TABLE 2

Present Value of $1 (PVIF)

TABLE 3

Future Value of a $1 Ordinary Annuity (FVIFA)

TABLE 4

Present Value of a $1 Ordinary Annuity (PVIFA)

Table 1. Future Value of $1 (FVIF)

YEAR	1%	2%	3%	4%	5%	6%	7%	8%	9%
Note: The basic equation for finding the future value interest factor (FVIF) is: FVIFr,n = (1 + r)n where r is the interest rate and n is the number of periods in years.
1	1.010	1.020	1.030	1.040	1.050	1.060	1.070	1.080	1.090
2	1.020	1.040	1.061	1.082	1.102	1.124	1.145	1.166	1.188
3	1.030	1.061	1.093	1.125	1.158	1.191	1.225	1.260	1.295
4	1.041	1.082	1.126	1.170	1.216	1.262	1.311	1.360	1.412
5	1.051	1.104	1.159	1.217	1.276	1.338	1.403	1.469	1.539
6	1.062	1.126	1.194	1.265	1.340	1.419	1.501	1.587	1.677
7	1.072	1.149	1.230	1.316	1.407	1.504	1.606	1.714	1.828
8	1.083	1.172	1.267	1.369	1.477	1.594	1.718	1.851	1.993
9	1.094	1.195	1.305	1.423	1.551	1.689	1.838	1.999	2.172
10	1.105	1.219	1.344	1.480	1.629	1.791	1.967	2.159	2.367
11	1.116	1.243	1.384	1.539	1.710	1.898	2.105	2.332	2.580
12	1.127	1.268	1.426	1.601	1.796	2.012	2.252	2.518	2.813
13	1.138	1.294	1.469	1.665	1.886	2.113	2.410	2.720	3.066
14	1.149	1.319	1.513	1.732	1.980	2.261	2.579	2.937	3.342
15	1.161	1.346	1.558	1.801	2.079	2.397	2.759	3.172	3.642
16	1.173	1.373	1.605	1.873	2.183	2.540	2.952	3.426	3.970
17	1.184	1.400	1.653	1.948	2.292	2.693	3.159	3.700	4.328
18	1.196	1.428	1.702	2.026	2.407	2.854	3.380	3.996	4.717
19	1.208	1.457	1.754	2.107	2.527	3.026	3.617	4.316	5.142
20	1.220	1.486	1.806	2.191	2.653	3.207	3.870	4.661	5.604
25	1.282	1.641	2.094	2.666	3.386	4.292	5.427	6.848	8.623
30	1.348	1.811	2.427	3.243	4.322	5.743	7.612	10.063	13.268

10%	12%	14%	15%	16%	18%	20%	25%	30%
1.100	1.120	1.140	1.150	1.160	1.180	1.200 ...