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Finance Functions:
The Present Value of an Investment

 

The PresentValue() function calculates the total amount that future investments are worth currently. Its syntax is:

Extended __fastcall PresentValue(constExtended Rate,
                                                       int NPeriods,
                                                       const Extended Payment,
                                                       const Extended FutureValue,
                                                       TPaymentTime PaymentTime);

Here is an example:

//---------------------------------------------------------------------------
void __fastcall TForm1::btnCalculateClick(TObject *Sender)
{
	Extended Present, Future, TheRate, Payments;
	int NPeriod;

	Future = StrToFloat(edtFuture->Text);
	Payments = StrToFloat(edtPayments->Text);
	TheRate = StrToFloat(edtRate->Text) / 12;
	NPeriod = StrToInt(edtNPeriods->Text);

	double Rate = TheRate / 100;
	// Apply the function
	Present = PresentValue(Rate, NPeriod,
	-Payments, -Future, ptStartOfPeriod);
	// Display the payment
	edtPresent->Text = FloatToStrF(Present, ffCurrency, 8, 2);
}
//---------------------------------------------------------------------------
 
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