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Financial Class

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Financial Class Name Description DDB Returns a Double specifying the depreciation of an asset for a specific time period using the double-declining balance method or some other method you specify. Equals(Object) Determines whether the specified object is equal to the current object. FV Returns a Double specifying the future value of an annuity based on periodic, fixed payments and a fixed interest rate. GetHashCode Serves as the default hash function. GetType Gets the Type of t
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  Financial Class   Name Description DDB   Returns a Double specifying the depreciation of an asset for a specific time  period using the double-declining balance method or some other method you specify. Equals(Object)   Determines whether the specified object is equal to the current object. FV   Returns a Double specifying the future value of an annuity based on periodic, fixed payments and a fixed interest rate. GetHashCode   Serves as the default hash function. GetType   Gets the Type of the current instance. IPmt   Returns a Double specifying the interest payment for a given period of an annuity based on periodic, fixed payments and a fixed interest rate. IRR    Returns a Double specifying the internal rate of return for a series of periodic cash flows (payments and receipts). MIRR    Returns a Double specifying the modified internal rate of return for a series of  periodic cash flows (payments and receipts).  NPer    Returns a Double specifying the number of periods for an annuity based on  periodic fixed payments and a fixed interest rate.  NPVReturns a Double specifying the net present value of an investment based on a series of periodic cash flows (payments and receipts) and a discount rate. PmtReturns a Double specifying the payment for an annuity based on periodic, fixed  payments and a fixed interest rate. PPmtReturns a Double specifying the principal payment for a given period of an annuity based on periodic fixed payments and a fixed interest rate. PVReturns a Double specifying the present value of an annuity based on periodic, fixed payments to be paid in the future and a fixed interest rate. RateReturns a Double specifying the interest rate per period for an annuity. SLN   Returns a Double specifying the straight-line depreciation of an asset for a single  period. SYDReturns a Double specifying the sum-of-years digits depreciation of an asset for a specified period. ToStringReturns a string that represents the current object.  Financial.FV Method Returns a Double specifying the future value of an annuity based on periodic, fixed payments and a fixed interest rate. Public Shared Function FV ( _ Rate As Double, _ NPer As Double, _ Pmt As Double, _ PV As Double, _ Due As DueDate _ ) As Double  Parameters Rate Type: System.Double  Required. Double specifying interest rate per period. For example, if you get a car loan at an annual percentage rate (APR) of 10 percent and make monthly payments, the rate per  period is 0.1/12, or 0.0083. NPer Type: System.Double  Required. Double specifying total number of payment periods in the annuity. For example, if you make monthly payments on a four-year car loan, your loan has a total of 4 x 12 (or 48) payment periods. Pmt Type: System.Double  Required. Double specifying payment to be made each period. Payments usually contain  principal and interest that doesn't change over the life of the annuity. PV Type: System.Double  Optional. Double specifying present value (or lump sum) of a series of future payments. For example, when you borrow money to buy a car, the loan amount is the present value to the lender of the monthly car payments you will make. If omitted, 0 is assumed. Due  Type: Microsoft.VisualBasic.DueDate  Optional. Object of type DueDate that specifies when payments are due. This argument must be either DueDate.EndOfPeriod if payments are due at the end of the payment  period, or DueDate.BegOfPeriod if payments are due at the beginning of the period. If omitted, DueDate.EndOfPeriod is assumed. Return Value Type: System.Double  Returns a Double specifying the future value of an annuity based on periodic, fixed payments and a fixed interest rate. Remarks: An annuity is a series of fixed cash payments made over time. An annuity can be a loan (such as a home mortgage) or an investment (such as a monthly savings plan). The Rate and NPer arguments must be calculated using payment periods expressed in the same units. For example, if Rate is calculated using months, NPer must also be calculated using months. For all arguments, cash paid out (such as deposits to savings) is represented by negative numbers; cash received (such as dividend checks) is represented by positive numbers. EXAMPLE: This example uses the FV function to return the future value of an investment given the percentage rate that accrues per period (APR / 12), the total number of payments (TotPmts), the payment (Payment), the current value of the investment (PVal), and a number that indicates whether the payment is made at the beginning or end of the payment period (PayType). Note that because Payment represents cash paid out, it is a negative number. Sub TestFV() Dim TotPmts As Integer  Dim Payment, APR, PVal, Fval As Double  Dim PayType As DueDate Dim Response As MsgBoxResult ' Define money format. Dim Fmt As String = ###,###,##0.00   Payment = CDbl(InputBox( How much do you plan to save each month? )) APR = CDbl(InputBox( Enter the expected interest annual percentage rate. )) ' Ensure proper form. If APR > 1 Then APR = APR / 100 TotPmts = CInt(InputBox( For how many months do you expect to save? )) Response = MsgBox( Do you make payments at the end of month? , MsgBoxStyle.YesNo) If Response = MsgBoxResult.No Then  PayType = DueDate.BegOfPeriod Else    PayType = DueDate.EndOfPeriod End If  PVal = CDbl(InputBox( How much is in this savings account now? )) Fval = FV(APR / 12, TotPmts, -Payment, -PVal, PayType) MsgBox( Your savings will be worth  & Format(Fval, Fmt) & . ) End Sub  Financial.PV Method Returns a Double specifying the present value of an annuity based on periodic, fixed payments to be paid in the future and a fixed interest rate. 'Declaration Public Shared Function PV ( _ Rate As Double, _ NPer As Double, _ Pmt As Double, _ FV As Double, _ Due As DueDate _ ) As Double  Parameters Rate Type: System.Double  Required. Double specifies the interest rate per period. For example, if you get a car loan at an annual percentage rate (APR) of 10 percent and make monthly payments, the rate  per period is 0.1/12, or 0.0083. NPer Type: System.Double  Required. Double specifies the total number of payment periods in the annuity. For example, if you make monthly payments on a four-year car loan, your loan has 4 x 12 (or 48) payment periods. Pmt Type: System.Double  Required. Double specifies the payment to be made each period. Payments usually contain principal and interest that does not change during the life of the annuity. FV
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