PV()
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Revision as of 17:09, 20 March 2009 by Yvonnemilne (Talk | contribs)
Contents
PV()
Class
Numeric Data
Purpose
Function to calculate the present value of equal regular payments on a loan
Syntax
PV(<expN1>,<expN2>,<expN3>)
See Also
PAYMENT(), PMT(), FV(), CAGR(), LOG10(), PI()
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
