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How to calculate PVIFA, or Present Value Interest Factor of an Annuity, depends on your particular financial calculator. In general, you input the information you have using the Present Value function and the calculator will use factor tables to generate an answer.
-220 - 16 x 32?
A present value calculator is a calculator that is used to figure out the future value of something based on constant payments and interest rates. It helps to calculate the present value as well.
The advantage of using a diamond value calculator is to help the seller realize the worth of the diamond before attempting to sell the diamond blindly and losing a part of the profit.
It will be invaluable if (when) you need to calculate sample correlation coefficient, but otherwise, it has pretty much no value.