I.e. the present value of the investment (rounded to 2 decimal places) is $12,328.91. As with all Excel formulas, instead of typing the numbers directly into the present value formula, you can use references to cells containing values. Therefore, the present value formula in cell B4 of the above spreadsheet could be entered as: =B1/(1+B2)^B3
Don’t waste any more hours in Microsoft Excel doing things manually. There are many ways to use Excel formulas to decrease the amount of time you spend in Excel and increase the accuracy of your data and your reports. Excel Formulas You Should Definitely Know: 1. SUM. Formula: =SUM (5, 5) or =SUM (A1, B1) or =SUM (A1: B5) The english function name PV() has been translated into 18 languages. For all other languages, the english function name is used. There are some differences between the translations in different versions of Excel.