PV (PQL - xl)

This function returns the present value of an investment based on the interest rate, number and amount of periodic payments, and future value. The present value is the total amount that a series of future payments is worth now

  • Library: PQL \ Spreadsheet \ Financial
  • Compatibility: Any content (regardless of data source) in the Tabulate spreadsheet module
  • Solve: This function can be used with the Solve plug-in: both as part of the objective function and constraint functions

Syntax

PV(rate, nper, pmt, OPTIONAL fv, OPTIONAL type)

Function Arguments

Name

Description

Type

Optional

rate

Interest rate expressed as percentage (per period)

Number

nper

Total number of payment periods

Number

pmt

Payment made each period; cannot change over the life of the annuity

Number

fv

Future value; if omitted, the calculation is based on the payments

Number

Y

type

Indicates when payments are due; at the end (0) or beginning (1) of the period; if omitted, the calculation uses the end (0)

Number

Y

Comments

This function is the same as the Microsoft Excel 'PV' function - using the same inputs, logic and outputs.