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.