PRESENT VALUE INTEREST FACTOR OF ANNUITY - PVIFA
A factor that may be used to calculate the present value of a series of annuities. The initial deposit, earning interest at the periodic rate (r), perfectly finances a series of (N) consecutive dollar withdrawals. PVIFA is also a variable used when calculating the present value of an ordinary annuity.
POPULAR TERMS
Investment Strategy
An investor’s systematic attack plan to guide his investment decisions according to an individual’s financial goals, risk tolerance, an ...
American Jobs Creation Act of 2004
Designed for multinational corporations, domestic manufacturers and other entities, as well as energy sector and the agriculture. It has 270 provis ...
DOP
Currency abbreviation for the peso oro, Dominican Republic’s lone official legal currency. The currency is comprised of 100 centavos and is p ...
Short-Term Paper
Short-Term Paper is a kind of financial instrument. They usually have less than nine months in their original maturity and are issued with a discou ...
Endowment
Financial asset donated to a non-profit institution, in the form of investment funds or property, with the purpose at the donor’s bequest. Th ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Ethical Investing: Leaving an Ethical Imprint
After selecting the rightful ethical investments and making it work, it is about to decide how to disburse your assets after you die. You have two ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | Mid-Year Economic and Fiscal Outlook | ||
| 02:01 | Rightmove House Prices | Dec | |
| 04:00 | Fixed Asset Investment | Nov | |
| 04:00 | Industrial production | Nov | |
| 04:00 | Retail Sales | Nov | |
| 04:00 | Unemployment Rate | Nov | |
| 04:00 | NBS Press Conference | ||
| 06:30 | Tertiary Industry Index | Oct | |
| 09:00 | Wholesale Price Index | Nov |


