Returns the present value of an annuity investment with constant periodic payments and constant interest rate.
Syntax
rate: The interest rate per period. Eg., 0.2
fv: The cash balance you want to maintain at the end of term. Defaults to 0 if omitted. Eg., 1000
type: Determines when the payments are made. Defaults to 0 if omitted.
Examples
|
Formula |
Result |
|
=PV(A2;B2;C2;D2;E2) |
953.255359474 |
|
=PV(A3;B3;C3;D3;E3) |
43.367163836 |
|
=PV(A4;B4;C4;D4;E4) |
185.185096843 |
Possible Errors
|
Errors |
Meaning |
|
#N/A! |
|
|
#NAME! |
|
|
#VALUE! |
|
|
#REF! |
|
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