pv {GUIDE}

Calculate the Present value of an amount.

Description

Function to calculate the Present value of an amount.

Usage

pv()

Details

The user inputs are as follows:
Future Value: entered in decimals. For e.g. 105.50
Rate: entered in decimals. For e.g. 5\ per cent is entered as 0.05
Time: entered in number of years. For e.g. half year is 0.5
Compounding frequency: chosen amongst continuous/Quarterly/Semi-annual/Annual

Value

The Present value of an amount.

Author(s)

S Subramanian <[e-mail]>

References

John C. Hull, "Options, Futures, and Other Derivatives", 8/E, Prentice Hall, 2012.

See Also

pvann,fv