pV Function

Retrieves the current value of an annuity.

The pv function calculates the present value of an annuity, where amount is received over life periods with the interest rate interest being deducted for each period.


real pv(real amount, real interest, real life)

Parameter

Description

amount

The amount paid during each period.

interest

The interest rate.

life

The number of times amount is paid.

The current value of an annuity.

// Returns the value 874.11.
pv(300,0.14,4);

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