Write a present value calculator subroutine similar to the one which appears in section 38.4. However?as illustrated

Question:

Write a present value calculator subroutine similar to the one which appears in section 38.4. However?as illustrated below?your subroutine should ask the user for the cash flow value, the interest rate, and the number of periods. It should then display the result in a message box. Sensible default values should be supplied for all arguments. Do not use the Excel function PV ; write your own present value function and use it. A reminder:

image

image

You can use the PV function provided by Excel, as we did, to verify the correctness of your subroutine.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Modeling

ISBN: 9780262027281

4th Edition

Authors: Simon Benninga

Question Posted: