Description Usage Arguments Value Author(s) Examples
Given an interest rate, the number of payment periods, the periodic payments, and the future value, calculate the present value.
1 | PV(rate, nper, pmt, fv)
|
rate |
Interest rate you would like used when discounting. |
nper |
Number of periods to use when discounting the future value. |
pmt |
Vector of future cash flows (should match nper). Starts at t = 1. |
fv |
Future amount you wish to discount. |
Returns the present value of cash flows given.
Nick Bultman, njbultman74@gmail.com, March 2021
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