What does PVIFA mean? What is the full form of PVIFA?
The Full Form of PVIFA is Present value interest factor of annuity.
The present value interest factor of an annuity is used to calculate the present value of a series of future annuities. It is based on the time value of money, which states that the value of a currency received today is worth more than the same value of currency received at a future date.
PVIFA
means
Present value interest factor of annuity
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