WebJan 30, 2024 · PDURATION(rate, pv, fv) RATE refers to the periodic interest rate at which an investment or loan grows. It equals the nominal annual percentage rate divided by the number of compounding periods per year. PV means the initial sum of investment or loan. FV refers to your target investment or loan balance. PDURATION calculates n in the below … WebYou can use the FV function to get the future value of an investment assuming periodic, constant payments with a constant interest rate. Purpose Get the future value of an investment Return value future value Arguments rate - The interest rate per period. nper - The total number of payment periods. pmt - The payment made each period.
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WebCalculation using the FV of 1 Table: To finish solving the equation, we search only the 2% column of the FV of 1 Table for the future value factor that is closest to 1.429. In this … WebMar 13, 2024 · FV is an Excel financial function that returns the future value of an investment based on a fixed interest rate. It works for both a series of periodic payments and a single lump-sum payment. The function is available in all versions Excel 365, Excel 2024, Excel 2016, Excel 2013, Excel 2010 and Excel 2007. The FV syntax is as follows: WebWhere: PMT = Periodic payment,. FV = Future value (amount),. i = Interest rate per compounding period,. n = Total number of payments. * Note that the payments are made at the end of each period. Sinking Fund Calculation. Example 1: A company needs to accumulate a sinking fund of $ 50,000 over the next three years. The payments are put … fischer–tropsch process reactor