PV Function in Excel: Syntax, Examples & Practice
Learn the Excel PV function: Calculates the present value of an investment or loan. Try focused practice and download a free workbook.
Syntax
=PV(rate, nper, pmt, [fv], [type])
Check the function documentation for your Excel version and platform. The browser simulator implements selected behavior and does not reproduce every Excel feature.
Worked example
| Row | A: Finance input | B: Value |
|---|---|---|
| 2 | Annual rate | 10% |
| 3 | Periods | 60 |
| 4 | Loan / investment | 1000000 |
| 5 | Periodic payment | 25000 |
=PV(10%/12,60,-25000)
Expected result: 1176634.23
These inputs illustrate PV in a finance/loan context. Check the signs and timing before using the result.
Professional use
Loan and investment analysis.
Practice PV · Download practice .xlsx
Apply your skills
Explore MIS and finance projects
Questions and answers
How can I practise PV?
Use the focused ten-question PV lab, then download its workbook for ten additional function-specific tasks and an answer key. Core learning works without an account.
Which Excel version supports PV?
Check the function documentation for your Excel version and platform. The browser simulator implements selected behavior and does not reproduce every Excel feature.
Does the browser simulator replace Microsoft Excel?
No. It supports a selected set of formula behavior for practice. Native workbook recalculation, full function compatibility, PivotTables and external data features must be checked in your own Excel installation.
Interactive practice runs in your browser.