PV()
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Revision as of 15:46, 28 October 2009 by Helengeorge (Talk | contribs)
Purpose
Function to calculate the present value of equal regular payments on a loan
Syntax
PV(<expN1>,<expN2>,<expN3>)
See Also
CAGR(), FV(), LOG10(), PAYMENT(), PI(), PMT()
Description
The PV() function calculates the present value of equal regular payments on a loan, where <expN1> is the payment per period, <expN2> is the periodic interest rate and <expN3> is the number of equal payments.
Example
? pv(1000,.10,10) 6144.57
Products
Recital Database Server, Recital Mirage Server, Recital Terminal Developer
