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automateexcel.com/functions/pv-formula-excel
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PV (rate, nper, pmt, [fv], [type])
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Present Value PV $ (17,230.17)
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Description Symbol Calculation Values
Annual Interest Rate APR 10%
Number of Periods (Years) n 15
Payment Periods per year m 12
Rate of return for each period (APR/m) rate 10%/12 0.83%
Total Number of Periods (n*m) nper 15*12 180
Periodic Payments pmt $ 300.00
Future value of the insurance [fv] $ -
Annuity type [type] 1
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Present Value PV $ (28,213.16)
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