Global::presentValue Method [AX 2012]

Calculates the present value of an annuity where an amount is received over multiple periods and the interest rate is deducted for each period.

Syntax

client server public static real presentValue(
    real amount, 
    real interest, 
    real life)

Run On

Called

Parameters

  • amount
    Type: real
    The amount paid during each period.
  • interest
    Type: real
    The interest rate.
  • life
    Type: real
    The number of times that the value specified by the amount parameter is paid.

Return Value

Type: real
The current value of an annuity.

Remarks

This method calculates the present value of an annuity where the amount is received over multiple periods and the interest rate is deducted for each period.This method is a rename of the pVfunction.

See Also

Reference

Global Class