The formula for the Future Value Interest Factor of an Annuity (FVIFA)is $\frac { ( 1 + r ) ^ { n } - 1 } { r }$ .

Name: The formula for the Future Value Interest Factor of an Annuity (FVIFA)is $\frac { ( 1 + r ) ^ { n } - 1 } { r }$ .
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The formula for the Future Value Interest Factor of an Annuity (FVIFA) is indeed $\frac { ( 1 + r ) ^ { n } - 1 } { r }$, where $r$ is the interest rate per period, and $n$ is the number of periods.

The Formula for the Future Value Interest Factor of an Annuity