Home / Formula Types / financial /

Formulas

accrint accrintm amorlinc coupdaybs coupdays coupdaysnc coupncd coupnum couppcd cumipmt cumprinc db ddb disc dollarde dollarfr duration effect fvschedule intrate ipmt irr ispmt mduration mirr nominal nper npv pduration pmt ppmt price pricedisc pricemat pv rate received rri sln syd tbilleq tbillprice tbillyield vdb xirr xnpv yield yielddisc yieldmat

Formula Generator - FV function

The FV function calculates the future value of an annuity investment based on constant-amount periodic payments and a constant interest rate. It takes the rate of interest, the number of periods, the payment amount, and optionally the present value and the timing of the payment into account.

Formula Generator AI Excel Bot is your ultimate companion for generating and comprehending Excel and Google Sheets formulas. With its advanced capabilities, it goes beyond the basics by providing support for VBA and custom tasks. Let AI Excel Bot empower you to unlock the full potential of these spreadsheet platforms.

How to generate an FV formula using AI.

To obtain the FV (Future Value) formula for Excel from an AI chatbot, you could ask the following question: "What is the formula in Excel to calculate the future value of an investment?"

Try it out for yourself!

Step 1: Describe Your Formula

0/120

Step 2: Copy Syntax

FV formula syntax.

The FV function in Excel is used to calculate the future value of an investment or loan based on a series of periodic payments and a constant interest rate. The syntax for the FV function is as follows: =FV(rate, nper, pmt, [pv], [type]) - rate: The interest rate per period. - nper: The total number of payment periods. - pmt: The payment made each period. This can be a constant value or a range of values. - pv (optional): The present value or the initial amount of the investment or loan. - type (optional): Specifies whether the payment is made at the beginning or end of the period. Use 0 for payments at the end of the period (default) and 1 for payments at the beginning of the period. The FV function returns the future value of the investment or loan. It represents the amount that the investment or loan will grow to after the specified number of payment periods. It's important to note that the rate, nper, and pmt arguments must be consistent in terms of the units of time (e.g., annual rate with annual periods). Additionally, the rate should be divided by the number of periods per year if the payment periods are shorter than a year. Overall, the FV function is a useful tool for financial analysis and planning, helping you determine the future value of an investment or loan based on various parameters.

Use Cases & Examples In these use cases, we use the FV function to calculate the future value of an investment or loan based on a series of regular payments, an interest rate, and a specified number of periods.

Savings Goal

Description

Calculates the number of periods required to reach a savings goal based on a constant-amount periodic payment, interest rate, and present value.

Result

NPER(rate, payment_amount, present_value, [future_value], [end_or_beginning])

Loan Repayment

Description

Calculates the periodic payment required to repay a loan based on a constant interest rate, number of periods, and present value.

Result

PMT(rate, number_of_periods, present_value, [future_value], [end_or_beginning])

Investment Analysis

Description

Calculates the present value of an investment based on future cash flows, discount rate, and number of periods.

Result

PV(rate, number_of_periods, payment_amount, [future_value], [end_or_beginning])

AI Tips

Enhance Your Excel Efficiency with AI Tips: Discover our innovative Excel add-in feature, 'AI Tips.' Streamline your workflow and boost productivity as AI-powered suggestions offer real-time insights for optimal spreadsheet organization, data analysis, and visualization. Elevate your Excel experience with intelligent recommendations tailored to your unique needs, helping you work smarter and achieve more.

AI Tips Enhance Your Excel Efficiency with AI Tips: Discover our innovative Excel add-in feature, 'AI Tips.' Streamline your workflow and boost productivity as AI-powered suggestions offer real-time insights for optimal spreadsheet organization, data analysis, and visualization. Elevate your Excel experience with intelligent recommendations tailored to your unique needs, helping you work smarter and achieve more.

Provide Clear Context When describing your requirements to the AI, provide clear and concise context about the data you have, the specific task you want to accomplish, and any relevant constraints or conditions. This helps the AI understand the problem accurately.

Include Key Details Include important details such as column names, data ranges, and specific criteria that need to be considered in the formula. The more precise and specific you are, the better the AI can generate an appropriate formula.

Use Examples If possible, provide examples or sample data to illustrate the desired outcome. This can help the AI better understand the pattern or logic you are looking for in the formula.

Mention Desired Functionality Clearly articulate the functionality you want the formula to achieve. Specify if you are looking for lookups, calculations, aggregations, or any other specific operations.

FAQ

What does the FV function do in Excel?

How do I use the FV function in Excel?

What is the purpose of the rate parameter in the FV function?

What does the nper parameter represent in the FV function?

Can the FV function be used for both one-time and periodic payments?