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# PV Function [VBA]

Returns the Present Value of an investment resulting from a series of regular payments.

This constant, function or object is enabled with the statement Option VBASupport 1 placed before the executable program code in a module.

### Syntax:

    Pmt( Rate as Double, NPer as Double, Pmt as Double, [FV as Variant], [Due as Variant] )

### Return value:

Double

### Parameters:

Stopa postavlja peridičnu kamatnu ratu

Num_periods je ukupan broj razdoblja tijekom kojeg se isplaćuje renta.

Payment je konstantno placanje za svaki period.

FV (optional) is the future value of the loan / investment.

Due (optional) defines whether the payment is due at the beginning or the end of a period.

0 - the payment is due at the end of the period;

1 - the payment is due at the beginning of the period.

### Error codes:

5 Invalid procedure call

### Example:

    REM ***** BASIC *****
    Option VBASupport 1
    Sub ExamplePV
    ' Calculate the present value of an annuity that pays $1,000 per month over 6 years.
    ' Interest is 10% per year and each payment is made at the end of the month.
    Dim pv1 As Double
    pv1 = PV( 0.1/12, 72, -1000 )
    print pv1 ' pv1 is calculated to be 53978,6654781073.
    End Sub

Related Topics

PV function in CALC

VBA financial functions