PPV() - Present value with balloon payment

Calculates present value with a balloon payment at the end.

Returns

Double value if successful. If an error occurs, this function returns a zero.

Arguments

Type	Field	Description
double	dBalloon	Balloon payment
double	dPayment	Periodic payment
double	dInt	Interest percentage
long	lTerm	Number of periods
integer	iBasis	Value: 0 = end 1 = begin

16 bit DLL declarations

PowerBuilder Function declaration

function double PPV(double dBalloon, double dPayment, double dInt, long lTerm, int iBasis) library "IFL16.DLL"

Visual Basic Function declaration

Declare Function PPV lib "IFL16" (ByVal dBalloon As Double, ByVal dPayment As Double, ByVal dInt As Double, ByVal lTerm As Long, ByVal iBasis As Integer) As Double

C/C++ Synopsis

#include "function.h"

double PPV(double dBalloon, double dPayment, double dInt, long lTerm, int iBasis)

32 bit DLL declarations

PowerBuilder Function declaration

function double PPV(double dBalloon, double dPayment, double dInt, long lTerm, int iBasis) library "IFL32.DLL"

Visual Basic Function declaration

Declare Function PPV lib "IFL32" (ByVal dBalloon As Double, ByVal dPayment As Double, ByVal dInt As Double, ByVal lTerm As Long, ByVal iBasis As Integer) As Double

C/C++ Synopsis

#include "function.h"

double PPV(double dBalloon, double dPayment, double dInt, long lTerm, short sBasis)

Example:

dBalloon	=	25,000
dPayment	=	50,000
dInt	=	0.08	(8%)
lTerm	=	20
iBasis	=	0

Result: $ 496,271.08