PV DAX Function (Financial)

calculates the present value of a loan or an investment, based on a constant interest rate. You can use PV with either periodic, constant payments (such as a mortgage or other loan), or a future value that’s your investment goal.

Syntax

PV ( <Rate>, <Nper>, <Pmt> [, <Fv>] [, <Type>] )
Parameter Attributes Description
Rate

The interest rate per period.

Nper

The total number of payment periods in an annuity.

Pmt

The payment made each period; it cannot change over the life of the annuity. Typically, pmt contains principal and interest but no other fees or taxes.

Fv Optional

The future value, or a cash balance you want to attain after the last payment is made. If fv is omitted, it is assumed to be BLANK.

Type Optional

The number 0 or 1 and indicates when payments are due. If type is omitted, it is assumed to be 0.

Return values

Scalar A single decimal value.

Last update: Oct 3, 2024   » Contribute   » Show contributors

Contributors: Alberto Ferrari, Marco Russo

Microsoft documentation: https://docs.microsoft.com/en-us/dax/pv-function-dax

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Context Transition

This function performs a Context Transition if called in a Row Context. Click to read more.

Row Context

This expression is executed in a Row Context. Click to read more.

Iterator

Not recommended

The use of this function is not recommended. See Remarks and Related functions for alternatives.

Not recommended

The use of this parameter is not recommended.

Deprecated

This function is deprecated. Jump to the Alternatives section to see the function to use.

Volatile

A volatile function may return a different result every time you call it, even if you provide the same arguments. Click to read more.

Deprecated

This parameter is deprecated and its use is not recommended.

DirectQuery compatibility

Limitations are placed on DAX expressions allowed in measures and calculated columns.
The state below shows the DirectQuery compatibility of the DAX function.

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