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PV2

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(PV2(fv,int,per))

 

Returns the present value based on the future value, fv, interest rate, int, and the number of compounding periods, per.

 

In the following example, PV2 returns the amount you must invest for a period of one year to return a future value of $3,500 where the annual rate is 7.6% (compounded daily). The value of vpv2 (the amount to invest) is $3,247.63.

 

SET VAR vpv2 = (PV2(3500,(.075/365),365))