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+---------------------------------+
| PV |
+---------------------------------+
PV(<expN1>, <expN2>, <expN3>)
-----------------------------------
Returns present value of investment.
Return value - Numeric
-----------------------------------
The financial function PV() returns the present value of an investment.
Present value is computed as the value of an investment based on a
series of equal periodic payments at a constant periodic interest rate.
<expN1>
The numeric expression <expN1> is the equal periodic payment. It can
be positive or negative. PV() assumes that the payments are made at the
end of each period.
<expN2>
The numeric expression <expN2> is the periodic interest rate. If the
interest rate is annual and the payments are made monthly, divide the
annual interest rate by 12.
<expN3>
The total number of payments is specified by <expN3>.
+---------------------------------+
| Program Example |
+---------------------------------+
STORE 500 to payment && Periodic payments made monthly
STORE .075/12 TO interest && 7.5% annual interest rate
STORE 48 TO periods && Four years (48 months)
? PV(payment, interest, periods)
-----------------------------------
See Also: CALCULATE, FV()
-----------------------------------
See Also:
CALCULATE
FV()
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