Skip to Content
VB .NET Language in a Nutshell
book

VB .NET Language in a Nutshell

by Steven Roman PhD, Ron Petrusha, Paul Lomax
August 2001
Intermediate to advanced
656 pages
18h 5m
English
O'Reilly Media, Inc.
Content preview from VB .NET Language in a Nutshell

Name

PV Function

Class

Microsoft.VisualBasic.Financial

Syntax

PV(rate, nper, pmt[, fv [, due]])
rate

Use: Required

Data Type: Double

The interest rate per period

nper

Use: Required

Data Type: Integer

The number of payment periods in the annuity

pmt

Use: Required

Data Type: Double

The payment made in each period

fv

Use: Optional

Data Type: Double

The future value of the loan or annuity

due

Use: Optional

Data Type: DueDate

Either DueDate.BegOfPeriod or DueDate.EndOfPeriod

Return Value

A Double specifying the present value of an annuity

Description

Calculates the present value of an annuity (either an investment or loan) based on a regular number of future payments of a fixed value and a fixed interest rate.

The present value is the current value of a future stream of equal cash flows discounted at some fixed interest rate.

Rules at a Glance

  • The time units used for the number of payment periods, the rate of interest, and the payment amount must be the same. In other words, if you state the payment period in months, you must also express the interest rate as a monthly rate and the amount paid per month.

  • The rate per period is stated as a fraction of 100. For example, 10% is stated as .10. If you are calculating using monthly periods, you must also divide the rate per period by 12. For example, 10% per annum equates to a rate per period of .00833.

  • The fv argument indicates the future value or cash balance after the last payment. The default is 0, since that reflects the value of a loan after the final ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

VB & VBA in a Nutshell: The Language

VB & VBA in a Nutshell: The Language

Paul Lomax
VB.NET Language in a Nutshell, Second Edition

VB.NET Language in a Nutshell, Second Edition

Steven Roman PhD, Ron Petrusha, Paul Lomax

Publisher Resources

ISBN: 0596000928Catalog PageErrata