View source for Future value interest factor

[[Future value interest factor]] (also known by its acronym, [[FVIF]], as well as FVIF<small>I,N</small>) is the future value interest factor for a lump sum left in an account for N periods paying I percent interest per period.


==Definitions==
According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]],
:[[Future value interest factor]] ([[future value interest factor|FVIF]], [[future value interest factor|FVIF<small>I,N</small>]]). The future value interest factor for a lump sum left in an account for N periods paying I percent interest per period.

==Related concepts==
*[[Financial management]]. A combination of [[enterprise effort]]s undertaken in order to procure and utilize monetary resources of the [[enterprise]].

==Related lectures==
*[[Introduction to Financial Management]]. 

[[Category: Financial Management]][[Category: Articles]]