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FVSCHEDULE

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This function returns the future value of an initial principal after applying a series of compound interest rates. Calculate future value of an investment with a variable or adjustable rate.

Syntax

FVSCHEDULE(principal,schedule)

Arguments

This function has these arguments:

Argument

Description

principal

Present value of the principal

schedule

Schedule, array of interest rates to apply

Data Types

Accepts numeric data for both arguments. Returns numeric data.

Examples

FVSCHEDULE(4,A1:C1)

FVSCHEDULE(45,R1C1:R7C1)

FVSCHEDULE(1000,{0.8,0.6,0.7}) gives the result 4896

 

See Also

FV