pv {FinCal}

Estimate present value (pv)

Description

Estimate present value (pv)

Usage

pv(r, n, fv = 0, pmt = 0, type = 0)

Arguments

r

discount rate, or the interest rate at which the amount will be compounded each period

n

number of periods

fv

future value

pmt

payment per period

type

payments occur at the end of each period (type=0); payments occur at the beginning of each period (type=1)

See Also

pv.simple

pv.annuity

fv

pmt

n.period

discount.rate

Examples

pv(0.07,10,1000,10)

pv(r=0.05,n=20,fv=1000,pmt=10,type=1)