Discussion:Alimony present value
From TaxAlmanac, A Free Online Resource for Tax Professionals
Note: You are using this website at your own risk, subject to our Disclaimer and Website Use and Contribution Terms.
From TaxAlmanac
(Difference between revisions)
| Revision as of 19:34, 11 September 2009 Mscash (Talk | contribs) (What interest ra) ← Previous diff |
Revision as of 20:20, 11 September 2009 TexCPA (Talk | contribs) (Present Value Fo) Next diff → |
||
| Line 5: | Line 5: | ||
| {{ForumReplyPost|UserID=Mscash|Date=11 September 2009|Text=What interest rate do you want in the equation?}} | {{ForumReplyPost|UserID=Mscash|Date=11 September 2009|Text=What interest rate do you want in the equation?}} | ||
| + | |||
| + | {{ForumReplyPost|UserID=TexCPA|Date=11 September 2009|Text=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? | ||
| + | [[http://www.ssa.gov/OACT/NOTES/as120/LifeTables_Body.html Life Tables]] | ||
| + | |||
| + | well they did the calcs for you in 2005 | ||
| + | [[http://www.ssa.gov/OACT/STATS/table4c6.html]] | ||
| + | |||
| + | |||
| + | [[User:TexCPA|TexCPA]] 15:20, 11 September 2009 (CDT)}} | ||
Revision as of 20:20, 11 September 2009
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]]
| |


