Difference between revisions of "Pvperp"

Revision as of 20:03, 25 June 2007

Function Pvperp(c,rate)

Description: Calculates the present value of a perpetuity (a bond that pays a constant amount in perpetuity).
Note: To calculate the present value of a growing perpetuity use Pvgperp.

Example

Pvperp(200,0.06) → 3333

Expects c and rate as numeric.

Parameters: c is the constant payment amount;
rate is the interest rate per time period.

Function definition: c/rate

Syntax: Pvperp(c, rate : Numeric)

Library: Financial functions

More Examples and Tips: None yet.

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-[[Category:Doc Status D]] <!-- For Lumina use, do not change -->
+[[Category:Doc Status C]] <!-- For Lumina use, do not change -->
+===Function Pvperp(c,rate)===
+Description: Calculates the present value of a perpetuity (a bond that pays a constant amount in perpetuity). <br>'''Note:''' To calculate the present value of a ''growing'' perpetuity use [[Pvgperp]].
+;Example
+ Pvperp(200,0.06) &rarr; 3333
+; Expects '''c''' and '''rate''' as numeric.
+; Parameters: '''c''' is the constant payment amount;<br>'''rate''' is the interest rate per time period.
+;Function definition: c/rate
+; [[Syntax]]: Pvperp(c, rate : Numeric)
+; Library: [[Financial functions]]
+; More Examples and Tips:  ''None yet.''