Home
Forums
New posts
Search forums
Articles
Latest reviews
Search resources
Members
Current visitors
Newsgroups
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Newsgroups
Microsoft Excel
Microsoft Excel Worksheet Functions
PV Function
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Guest, post: 9729355"] I have this problem to solve. I used the PV function in Excel, but the number just doesn't seem right. When I calculate the same info on my TI-83 Plus, it comes up with a completely different number. The problem is: "Show the present value of 15 annual payments made to you, each payment being for $2000. Assume that the interest rate is 7.5% per year and that the first payment is made 12 months from today." When I calculate using the PV function, the answer is $266.67. But when I calculate on the TI-83 Plus, I get $17,654.24. What is it that I'm doing wrong? Which is correct? I have to show the formula used in my spreadsheet. Any help would be greatly appreciated. [/QUOTE]
Verification
Post reply
Home
Forums
Newsgroups
Microsoft Excel
Microsoft Excel Worksheet Functions
PV Function
Top
