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tvm_PV

tvm_PV (routine)

Calculates the present value for a time value of money problem

Introduced in release: 1.0
Component: Business Calculator
Purpose: Calculates the present value for a time value of money problem. To a lender or borrower, PV is the amount of the loan; to an investor, PV is the initial investment. PV always occurs at the beginning of the first period.

Results: The function returns the calculated present value 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.

Last Mod Date: 03/01/1990© 2001 TIPS, Inc.Doc Version: 5.0