How to calculate the future value (FV) of a monetary amount
Category: [Excel] Demo Available
How to calculate the future value (FV) of a monetary amount
Requirement:
Solution:
1. Click in cell B6 (FV).
2. Click on Insert Function (fx), select the category Financial, click on the function FV and then click OK.
3. The function argument dialog box ill open.
4. Click in your spreadsheet to enter values for Rate (B3), Nper (B4) and PV (B5) (leave Pmt and Type blank).
5. Click OK.
Obtained from the OzGrid Help Forum.
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See also:
| How to calculate the present value (PV) of a monetary amount |
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