Learn how the present value interest factor (PVIF) formula helps evaluate the current value of future sums and analyze annuities effectively.

Gratuity for government employees is tax-free; however, it is taxable for private employees if the amount is more than Rs 20 lakh. Gratuity must be paid within 30 days of its due date. If employers ...

The PMT function is an Excel Financial function that returns the periodic payment for an annuity. The formula for the PMT function is PMT(rate,nper,pv, [fv], [type]). The NPV function returns the net ...

The private-equity industry is casting itself as a savior for the American nest-egg. It can be really hard to figure out if ...