Pv function formula

Calculating present value (PV) in Excel is simpler than it sounds. You just need to use a built-in function called "PV" and input the correct parameters. This quick guide will walk you through the steps to calculate PV in Excel, making it easy for you to find out the current worth of a series of future cash flows.

How to Calculate PV in Excel

Calculating the present value (PV) in Excel helps you determine how much a future amount of money is worth today.

Follow these steps to use Excel’s PV function effectively.

Step 1: Open Excel

First, step 1 is to launch Microsoft Excel on your computer.

Opening Excel is as simple as clicking on the Excel icon in your applications menu or taskbar.

If you don’t have it installed, you’ll need to download and install it first.

Step 2: Create a New Spreadsheet

Next, step 2 is to open a new blank workbook.

In Excel, select "File" from the menu and choose "New" to start a blank workbook.

This will provide you with a clean slate to work on.

Step 3: Enter the PV Function

For step 3, click on a c

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