3 Minute Overview of Future Value, Present Value, and Net Present Value (Present Value Calculation at Bottom)
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5 Comments
rich
8 March 2012can you confirm how this formulae is calculated? how you got to 66.51?
David
10 March 2012Hi Rich, just use your calculator. Can you show your calculation to see why you’re getting a different number?
JJ
1 April 2012Hi Rich – Trying use my mathematics calculator to reach your answer – unfortunately I cannot get the same. However another way I am doing this – and coming close to your answer is by doing the following:
PV= 100 (16.66 – 16.82) = 66.58 – but sadly not 66.51
Please could you confirm how you calculate this? Thanx
David
6 April 2012Hello guys! It (normally) does not need to be exactly the same answer down to the last decimal, because we all have different habits for rounding off during the step-by-step process..
syed azheruddin
12 March 2014i got it
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