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brfinance (version 0.8.0)

calc_present_value: Present Value (PV)

Description

Calculates the present value of a future amount given an interest rate and number of periods.

Usage

calc_present_value(fv, rate, n)

Value

Present value.

Arguments

fv

Future value.

rate

Interest rate per period (decimal, e.g. 0.05 for 5%).

n

Number of periods.

Examples

Run this code
calc_present_value(fv = 1100, rate = 0.10, n = 1)
calc_present_value(fv = 1000, rate = 0.05, n = 5)

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