FV

Name

FV -- 

Synopsis

FV(rate,term,pmt,pv,type)

Description

FV computes the future value of an investment. This is based on periodic, constant payments and a constant interest rate. The interest rate per period is rate, term is the number of periods in an annuity, pmt is the payment made each period, pv is the present value and type is when the payment is made. If type = 1 then the payment is made at the begining of the period. If type = 0 it is made at the end of each period.

Examples

See also

PV , PMT , PPMT