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FV

 

Syntax: @FV(P, R, N)

P = periodic payment
R = interest rate
N = number of periods

@FV returns the future value of an annuity given periodic payment P, interest rate R, and N number of periods. The function is given by:

displaymath16134

Examples:

@FV(100, 0.085, 5) = 592.54

@FV(G7, C2, 2) = 6240, where C2 = 8% and G7 = $3000.00

@FV(1000, 0.075, 1.5) = Error-@FV, ``Period'' must be an integer > 0


next up previous contents index
Next: FVSCHEDULE Up: A Function Reference Previous: FTEST

NExS User's Guide, Version 1.4.5
Grey Trout Software
11 April 1999