Discussion:Alimony present value
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Discussion Forum Index --> Advanced Tax Questions --> Alimony present value
Discussion Forum Index --> Tax Questions --> Alimony present value
| 10 September 2009 | |
| What is the present value of alimony due to a person 97 years of age? The alimony is for life at $790 per month. | |
| 11 September 2009 | |
| Present Value Formula:
Where pv = present value, fv = future value, rate = rate per period, nper = number of periods, pmt = payment amount, and type = 1 if payments are made at the beginning of each period or type = 0 if payments are made at the end of each period.. pv = [ -pmt * (1 + rate * type) * [ ( (1 + rate)^nper - 1) / rate] - fv ] / (1 + rate)^nper whose life? [Life Tables] well they did the calcs for you in 2005 [[1]]
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| 11 September 2009 | |
| you also have to give the date when the first payment is to be received. If it's the first of next month, I'll wager she doesn't make it. | |
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