PV Function
Returns the end-of-period present value for a series of future payments given, the interest rate, the number of periods, the payment amount, and the future value remaining after all payments are made
Syntax
PV(rate, period, payment, futureValue)
Returns the end-of-period present value for a series of future payments given, the interest rate, the number of periods, the payment amount, and the future value remaining after all payments are made
Arguments
rate
Numeric - the interest rate
period
Numeric - the number of periods
payment
Numeric - the payment made each period
futureValue
Numeric - the future value remaining after all payments
Remarks
Example:
PV(0.05, 36, -100, 0); // returns 1654.685