XFA Specification
Chapter 23, FormCalc Specification
Financial Built-in Functions
863
PV()
This function returns the present value of an investment of periodic constant payments at a constant
interest rate.
Syntax
PV(n1, n2, n3)
Parameters
n1
is the amount of each equal payment.
n2
is the interest rate per period.
n3
is the total number of periods.
Returns
The present value or null if any of its parameters are null.
If any of n1 and n3 are non-positive, the function generates an error exception.
Examples
PV(1000, .08 / 12, 5 * 12)
returns 49318.43
*
which is the present value of $1000.00 invested at 8% for 5 years.
PV(500, .08 / 12, 20 * 12)
returns 59777.15
*
.