ST Alpha - "STIS: There's a formula to convert equal monthly payments (for an infinite time) to Present Value, right?" (Reading a Post)

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STIS: There's a formula to convert equal monthly payments (for an infinite time) to Present Value, right?

Posted by Strongbad (aka Rambler14) Oct 14 '13, 09:54

With a given interest rate?

I can't find it.

Responses:

I'm pretty sure you can't do it for infinite - decline Oct 14, 10:06 3
- perpetuities, yo. PV=payment/interest. -- nm - mafic Oct 14, 10:24
- I remember there being a formula from school on doing infinite payments but I have no idea what it would be. - spamlet Oct 14, 10:13
- Graci. Yeah I have the (P/A) charts, but that assumes an n value. Thanks. -- nm - Strongbad Oct 14, 10:07

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