UniformSeriesPV

Mon 01 January 2018

Syntax

UniformSeriesPV(int_rate,n_per)

Description

Use the UniformSeriesPV function to calculate the present value of a single monetary unit after a uniform series of payments at a specified interest rate.

Parameters

Field or Control

Definition

int_rate

A Number specifying the interest rate on the basis of which to calculate the return value.

n_per

A Number specifying the number of payments in the uniform series.

Returns

Returns a Number equal to the value of a single unit after n_per payments at an interest rate of int_rate .