Name
FV Function — Microsoft.VisualBasic.Financial
Synopsis
FV(rate
,nper
,pmt
[,pv
[,due
]])
rate
required; DoubleThe interest rate per period
nper
required; IntegerThe number of payment periods in the annuity
pmt
required; DoubleThe payment made in each period
pv
optional; VariantThe present value of the loan or annuity
due
optional; Constant of theDueDate
enumerationSpecifies whether payments are due at the start or the end of the period. The value can be
DueDate.BegOfPeriod
orDueDate.EndOfPeriod
(the default).
Return Value
A Double specifying the future value of an annuity
Description
Calculates the future value of an annuity (either an investment or loan) based on a regular number of payments of a fixed value and a static interest rate over the period of the annuity.
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