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FV function

Returns the future value of an investment

Syntax

FV(rate, nper, pmt, [pv], [type])

Square brackets indicate optional arguments.

Arguments

ArgumentRequiredMeaning
rateYesThe interest rate per period.6%/12
nperYesThe total number of payment periods in an annuity.10
pmtYesThe payment made each period; it cannot change over the life of the annuity.-200
pvNoThe present value, or the lump-sum amount that a series of future payments is worth right now.-500
typeNoThe number 0 or 1 and indicates when payments are due.1

Try FV

Compound an initial deposit for two periods

=FV(0.05,2,0,-1000)

Compound an initial deposit for two periods. The result is checked against a separately authored expected value for the supplied table. You can edit the data to explore the rule.

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FV · top-level call

=FV(0.05,2,0,-1000)

1 / 4 · rate

The interest rate per period.

FV reference ↗

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Reference and compatibility

Univer 1.0.4 / Apache-2.0. Calculation checks cover the supplied examples only. The browser worksheet does not implement every Excel feature, external service or connected data type.