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Does anyone know what the corresponding sql code woudl be of the
excel PV function - In excel function PV the inputs are PV («rate», «nper», «pmt», «fv», «due») where rate = discount rate, nper = number of payments, pmt = payment) other two are not required. nper is allowed to be a number with decimals, not just an integer. I am seeking the sql code which will replicate the above, including nper with decimals allowed. Thanks. |
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If you're looking for a closed form of the equation, PV = pmt * (1 -
1/((1+rate)^nper)) / rate. Be sure that nper and rate are consistent (that is, don't mixed an annual rate with the number of months. You'll typically set rate to the ARP / 12 and npre to the number of years * 12). " wrote: Does anyone know what the corresponding sql code woudl be of the excel PV function - In excel function PV the inputs are PV («rate», «nper», «pmt», «fv», «due») where rate = discount rate, nper = number of payments, pmt = payment) other two are not required. nper is allowed to be a number with decimals, not just an integer. I am seeking the sql code which will replicate the above, including nper with decimals allowed. Thanks. |
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