TM1 Function for Rules, PV
PV returns the initial or principal value of an annuity
Where can the PV function be used?
Rules and TurboIntegrator
What is the PV function?
PV returns the initial or principal value of an annuity
What is the syntax for PV?
PV(payment, interest, periods)
Payment = The amount of the payment made.
Interest= The interest rate.
Periods = The number of periods in the annuity.
A demonstration on how to use PV
Use PAYMT function to calculate payments value of an annuity and apply it in the rule to populate in the Product Scorecard cube.