Posts: 3
Threads: 1
Joined: Jul 2008
Hello Jeff,
Please note that my program is NOT a Time Value of Money program (hmmm, strictly speaking it is...). The "normal" TVM is just a formula...(compounding or discounting continuing identical payments), where your link leads to a program that emulates the formula to increase the accuracy of the solution.
My program calculates the Net Present Value and Internal Rate of Return (and Net Future Value and Net Uniform Series).
This is used when making investment decisons, based on projects (or investment in equipment) requiring an initial investment I0/CF0 and then yielding multiple cashflows in the periods thereafter.
If the NPV is greater than zero it is worth doing the project/investment.
Regards,
Caspar
Edited: 10 Aug 2008, 5:28 a.m.