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Text File  |  1987-07-08  |  424 b   |  6 lines

  1. pv ( interest, term, payment, futval*, type* )
  2. present value
  3.  
  4. Arguments are: interest╤rate per period; term╤number of periods; payment╤per period; futval╤optional future value (which is normally negative) if omitted is zero; type╤optional payment type: 0 is payments at end of period (default), 1 is payments at beginning of period.
  5.  
  6. pv returns a table sized interest by term containing the present value of the investment.