CAS 6


pv
- Financial

Summary

Returns the present value of an investment; the total amount that a series of future payments is worth now.

Examples

pv 9.5 360 840.86
pv 9.5 180 800 50000 1

Syntax

(Freq) pv Rate Term PandI (Balloon) (Type)

Left Arguments

Name Data Type Input Type Description Optional Default
Freq Numeric Field, Constant Frequency Yes 12

Right Arguments

Name Data Type Input Type Description Optional Default
Rate Numeric Field, Constant Annual Interest Rate No
Term Numeric Field, Constant Total Numeber of Monthly Payments No
PandI Numeric Field, Constant Fixed Monthly payment No
Balloon Numeric Field, Constant Future value or cash balance after last payment is made No 0
Type Boolean Field, Constant 0=Arrears payment, 1=Advance payment Yes 0

Result

Type: Numeric

Original Balance



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