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Present Value Function


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In FM7 there is this equation: PV ( payment ; interestRate ; periods )

Does anyone know where I can get other PV functions... This one does not seem to have a varable that I need to get my answer. What I need is a Future Value (FV) in this equation. I know there is a FV built in FM7 but that returns a wrong value...I need Present Value...

Can anyone shed some light on this?

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I do not mean to be stupid but every time I plug this in:

PV = 200000 / (1 +.11)^5...FM7 says it does not reconize the PV symbol?

FV = 200,000

Interest rate = 11%

Periods= 5 years

What I need calc. is Present Value

?

Thanks

Brahim

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This topic is 7230 days old. Please don't post here. Open a new topic instead.

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