- PowerCenter 10.1.1
- All Products
FV(rate, terms, payment[,present value, type] )
Numeric. Interest rate earned in each period. Expressed as a decimal number. Divide the percent rate by 100 to express it as a decimal number. Must be greater than or equal to 0.
Numeric. Number of periods or payments. Must be greater than 0.
Numeric. Payment amount due per period. Must be a negative number
Numeric. Current value of the investment. If you omit this argument, FV uses 0.
Integer. Timing of the payment. Enter 1 if payment is at the beginning of period. Enter 0 if payment is at the end of period. Default is 0. If you enter a value other than 0 or 1, the
PowerCenter Integration Servicetreats the value as 1.
FV(0.0075, 12, -250, -2000, TRUE)