PV Function [VBA]

Returns the Present Value of an investment resulting from a series of regular payments.

warning

This constant, function or object is enabled with the statement Option VBASupport 1 placed before the executable program code in a module.


Syntax:


Pmt( Rate as Double, NPer as Double, Pmt as Double, [FV as Variant], [Due as Variant] )

Return value:

Double

Parameters:

αž’αžαŸ’αžšαžΆ αž‡αžΆβ€‹αž’αžαŸ’αžšαžΆβ€‹αž€αžΆαžšβ€‹αž”αŸ’αžšαžΆαž€αŸ‹β€‹αžαžΆαž˜β€‹αž€αžΆαž›β€‹αž€αŸ†αžŽαžαŸ‹Β αŸ”

NPer αž‚αžΊβ€‹αž‡αžΆβ€‹αž…αŸ†αž“αž½αž“β€‹αžšαž™αŸˆαž–αŸαž›β€‹αžŸαžšαž»αž” αž€αŸ†αž‘αž»αž„β€‹αžŠαŸ‚αž›β€‹β€‹αž”αŸ’αžšαžΆαž€αŸ‹β€‹αž”αŸ’αžšαž…αžΆαŸ†β€‹αžαŸ’αž„αŸƒβ€‹αžŽαžΆαž˜αž½αž™β€‹αžαŸ’αžšαžΌαžœβ€‹αž…αŸ†αžŽαžΆαž™Β αŸ”

Pmt β€‹αž‡αžΆβ€‹αž€αžΆαžšβ€‹αž”αž„αŸ‹β€‹αž”αŸ’αžšαžΆαž€αŸ‹β€‹αž’αž˜αŸ’αž˜β€‹αžαžΆβ€‹αž’αŸ’αžœαžΎβ€‹αž€αŸ’αž“αž»αž„β€‹αž’αŸ†αž‘αž»αž„αž–αŸαž›β€‹ αŸ”β€‹

FV (optional) is the future value of the loan / investment.

Due (optional) defines whether the payment is due at the beginning or the end of a period.

0 - the payment is due at the end of the period;

1 - the payment is due at the beginning of the period.

Error codes:

5 αž€αžΆαžšβ€‹αž αŸ…β€‹αž”αŸ‚αž”αž”αž‘β€‹αž˜αž·αž“β€‹αžαŸ’αžšαžΉαž˜αžαŸ’αžšαžΌαžœ

Example:


REM ***** BASIC *****
Option VBASupport 1
Sub ExamplePV
' Calculate the present value of an annuity that pays $1,000 per month over 6 years.
' Interest is 10% per year and each payment is made at the end of the month.
Dim pv1 As Double
pv1 = PV( 0.1/12, 72, -1000 )
print pv1 ' pv1 is calculated to be 53978,6654781073.
End Sub

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