Name

FV Function — Microsoft.VisualBasic.Financial

Synopsis

FV(rate, nper, pmt[, pv [, due]])
rate required; Double

The interest rate per period

nper required; Integer

The number of payment periods in the annuity

pmt required; Double

The payment made in each period

pv optional; Variant

The present value of the loan or annuity

due optional; Constant of the DueDate enumeration

Specifies whether payments are due at the start or the end of the period. The value can be DueDate.BegOfPeriod or DueDate.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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