Newest functions Upload a function Leave a tip My account

There are 2,521 functions in this library.

PVofFV ( FutureVal , Interest , Term )

Present Value of a Future Value

  Average rating: 4.3 (34 votes) Log in to vote

Barry Maskell Real Estate Navigator http://www.realestatenavigator.com.au

  Function definition: (Copy & paste into FileMaker's Edit Custom Function window)

/* Used to calculate the Present Value of a single future value - eg how much in todays money is a future amount given a certain rate of interest (the discount rate) The FMPro version only calculates the PV of a future income stream hence the need for this function Use PVofFV ( FutureVal , Interest , Term ) Interest of 10% must be entered as 0.10 */ Let ( [ FV = GetAsNumber ( FutureVal ); INT = GetAsNumber ( Interest ); NPER = GetAsNumber ( Term ) ]; FV / ( ( 1 + INT ) ^ NPER ) ) // end of code Click to copy

Used to calculate the Present Value of a single future value - eg how much in todays money is a future amount given a certain rate of interest (the discount rate)

The FMPro version only calculates the PV of a future income stream hence the need for this function

 

Comments

Log in to post comments.

 

Note: these functions are not guaranteed or supported by BrianDunning.com. Please contact the individual developer with any questions or problems.

Support this website.

This library has been a free commmunity resource for FileMaker users and developers for 20 years. It receives no funding and has no advertisements. If it has helped you out, I'd really appreciate it if you could contribute whatever you think it's worth: