Related Topics:
	RENO Predefined Functions

pvi

Description: Returns the present value of a single investment, expense or revenue for a specific period.

Syntax: pvi(Rate, Period, future_value)

• For a more complete description of the arguments in pvi and for more information on annuity functions, see the PV function.

• Rate is the interest rate per period.

• Period is the number of periods in which you are making the investment or are receiving revenue. For example, if you will make a lump sum payment of $1,000 in three years for a settlement of an obligation, the period will be 3.

• future_value is the future value of the investment, expense or revenue. For example, if you want your investment to be worth $1,000 in the future, your future value is $1,000.

Remarks:

• This function is the same as the PV function with pmt = 0.

• All parameter values can include:

Example:

• pvi(0.05, 5, 1276.28)

Returns:

• 1000