PRESENT-VALUE
The PRESENT-VALUE function returns a value that approximates the present value of a series of future period-end amounts specified by the second argument at a discount rate specified by the first argument.
Syntax 1
function present-value (arg-1, arg2) |
Syntax 2
$present-value (arg-1, arg2) |
Arguments
• arg-1 must be a numeric data item or literal and must not be negative.
• arg-2 must be a numeric data item or literal.
Result
The function returns a value that approximates the present value of a series of future period-end amounts specified by arg-2 at a discount rate specified by arg-1.
Examples
Example - Display the present value of an amount of 5000 with a discount rate of 0.10.
display function present-value(0.10, 5000) |