FV (PQL - xl)

This function returns the future value of an investment based on a present value, periodic payments, and a specified interest rate

  • Library: PQL \ Spreadsheet \ Financial
  • Compatibility: Any content (regardless of data source) in the Tabulate spreadsheet module
  • Solve: This function can be used with the Solve plug-in: both as part of the objective function and constraint functions

Syntax

FV(rate, nper, pmt, OPTIONAL pv, OPTIONAL type)
Function Arguments

Name

Description

Type

Optional

rate

Interest rate expressed as percentage (per period)

Number

nper

Total number of payment periods

Number

pmt

Payment made each period

Number

pv

Present value; if omitted, uses zero and the calculation is based on the paymt argument

Number

Y

type

Indicates when payments are due; at the end (0) or beginning (1) of the period; if omitted, the calculation uses the end (0)

Number

Y

Comments

This function is the same as the Microsoft Excel 'FV' function - using the same inputs, logic and outputs.