Description Usage Arguments Value Author(s) Examples
Given an interest rate, the number of payment periods, the periodic payments, and the present value, calculate the future value.
1 | FV(rate, nper, pmt, pv)
|
rate |
Interest rate you would like used when compounding. |
nper |
Number of periods to use when compounding the present value. |
pmt |
Vector of future cash flows (should match nper) that you would like compounded. Starts at t = 1. |
pv |
Present amount you wish to compound. |
Returns the future value of cash flows given.
Nick Bultman, njbultman74@gmail.com, March 2021
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