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                                 L_PV()


Syntax:        L_PV(<expN1>,<expN2>,<expN3>)


Purpose:       Calculates the present value of a loan.


Arguments:     <expN1> is the amount of the loan.

               <expN2> is the interest rate per month.

               <expN3> is the number of months.


Returns:       The present value of a loan as a numeric.


Examples:      You owe a bank .5,000 which was to be paid back over a
               period of 5 years with an interest rate of 12% per
               year.  You now decide you would like to pay off the
               loan with one lump sum. What is the present value of
               the total repayments.

               loan = 5000
               interest = (12/12)/100
               months = 2*12

               ? L_PV(loan,interest,months)     && Result: 106216.94


Language:      C