Description Usage Details Value Author(s) References See Also
Function to calculate the Present value of an amount.
1 | pv()
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The user inputs are as follows:
Future Value: entered in decimals. For e.g. 105.50
Rate: entered in decimals. For e.g. 5\ per cent is entered as 0.05
Time: entered in number of years. For e.g. half year is 0.5
Compounding frequency: chosen amongst continuous/Quarterly/Semi-annual/Annual
The Present value of an amount.
S Subramanian <ssubramanian@sssihl.edu.in>
John C. Hull, "Options, Futures, and Other Derivatives", 8/E, Prentice Hall, 2012.
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