4D v18
FV
- 4D View Pro Reference
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- 4D View Pro Formulas
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- Operators and values
- Cell references
- Converting 4D View plug-in formulas
- ABS
- ACOS
- AND
- ASIN
- ATAN
- AVERAGE
- COLUMNLETTER
- COS
- COUNTA
- EXP
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- FV
- IF
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- RUNTIME_STRING
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- RUNTIME_VIEW_STRING
- SIN
- SQRT
- STDEV.P
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- TEXT
- TODAY
- TRUE
- TYPE
- VAR.P
FV
| FV ( i , n , m {, f} ) | ||||||||
| Parameter | Type | Description | ||||||
| i | Number |
|
The interest rate for a period | |||||
| n | Number |
|
The number of periods | |||||
| m | Number |
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For compound interest: the monthly payment at the end of each period (use a negative value). For single interest: pass an empty parameter (see example) |
|||||
| f | Number |
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For single interest rate: the final value at the end of a period (use a negative value) | |||||
The FV function calculates:
- the final value of a sum using compound interest, or
- the final value of a sum using single interest
To calculate the value acquired during an investment, if the monthly payments are paid at the end of the period, pass the m parameter and omit the f parameter. Here is the formula for this calculation:
To calculate the final value of a sum using single interest, pass the f parameter and pass an empty parameter (,,) for the m placeholder. Here is the formula for this calculation:
Compound interest: you plan on depositing €1,000 each month in a savings account, which earns you 12% annual interest, for 35 months.
FV(1%,35,-1000) //41660.275603126Single interest rates: same type of scenario as above.
FV(12%,35,,-35*1000) //1847986.69
Product: 4D
Theme: 4D View Pro Formulas
4D View Pro Reference ( 4D v18)
