BUMP
whats:
Pv is the present value, or the total amount that a series of future payments is worth now; also known as the principal.
and
Type is the number 0 (zero) or 1 and indicates when payments are due.
Set type equal to If payments are due
0 or omitted At the end of the period
1 At the beginning of the period
mean? thats what i don't understand.
thanks a lot