PV FV PMT
English translation: present value, future value, payment
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| 18:43 May 17, 2005 |
| German to English translations [PRO] Bus/Financial - Finance (general) / leasing | |||||||
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|  Selected response from: Armorel Young Local time: 01:59 | ||||||
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| 4 +2 | present value, future value |
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Answers
4 mins confidence: 
peer agreement (net): +2
peer agreement (net): +2present value, future value Explanation: PV or Present Value is the amount you start with, FV or Future Value is what is left at the end. For a normal loan, the PV is the amount of the loan you receive and is positive because you get it. The FV is zero because it will be completely paid off at the end http://www.nca-corp.com/Napier/General Loan.htm -------------------------------------------------- Note added at 7 mins (2005-05-17 18:51:10 GMT) -------------------------------------------------- and i = rate, PMT = payment, I believe. http://www.eiu.edu/~dmcgrady/bus3710/assign/excel_functions.... -------------------------------------------------- Note added at 8 mins (2005-05-17 18:52:27 GMT) -------------------------------------------------- PMT Help Assistance > Excel 2003 > Working with Data > Function Reference > Financial Functions Show All Hide All Calculates the payment for a loan based on constant payments and a constant interest rate. Syntax PMT(rate,nper,pv,fv,type) For a more complete description of the arguments in PMT, see the PV function. Rate is the interest rate for the loan. Nper is the total number of payments for the loan. Pv is the present value, or the total amount that a series of future payments is worth now; also known as the principal. Fv is the future value, or a cash balance you want to attain after the last payment is made. If fv is omitted, it is assumed to be 0 (zero), that is, the future value of a loan is 0. Type is the number 0 (zero) or 1 and indicates when payments are due. http://office.microsoft.com/en-us/assistance/HP052092151033.... |
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