Returns the net present value with the rate expressed as a percentage
|
NPV(r,freq,c0,c1, . . . ,cn)
|
- r
- is numeric, the interest rate over a specifed
base period of time expressed as a percentage.
- freq
- is numeric, the number of payments during
the base period of time specified with the rate r.
| Range: |
freq > 0 |
| Exception: |
The case freq = 0 is a flag to allow continuous
discounting. |
- c0,c1, . . . ,cn
- are numeric cash flows that represent cash
outlays (payments) or cash inflows (income) occurring at times 0, 1, ... n.
These cash flows are assumed to be equally spaced, beginning-of-period values.
Negative values represent payments, positive values represent income, and
values of 0 represent no cash flow at a given time. The c0 argument
and the c1 argument are required.
The NPV function is identical to NETPV,
except that the r argument is provided as a percentage.
Copyright 1999 by SAS Institute Inc., Cary, NC, USA. All rights reserved.