Calculates the present value of 1 future value amount
Introduced in release: 1.0 Component: Business Calculator Purpose:
Calculates the present value of a future value amount
Notes:
This routine only works for an integer number of periods. The interest rate is specified as an annual rate and is internally converted to a per period rate. For non-integer compounding periods use the PV_of_RV routine.
Results:
The calculated present value is returned accurate to as many places as supported by a double precision value.
Error Conditions:
Returned values should be ignored for a non-zero status. See Errors.
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