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.

@@ Line 7: / Line 7: @@
   Pvperp(200,0.06) &rarr; 3333
-; Expects '''c''' and '''rate''' as numeric.
+; Expects: '''c''' and '''rate''' as numeric.
 ; Parameters: '''c''' is the constant payment amount;<br>'''rate''' is the interest rate per time period.