PVofFV ( FutureVal , Interest , Term )
Present Value of a Future Value
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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
Note: these functions are not guaranteed or supported by BrianDunning.com. Please contact the individual developer with any questions or problems.