FV Function [VBA]
Returns the future value of an investment based on periodic, constant payments and a constant interest rate (Future Value).
This constant, function or object is enabled with the statement Option VBASupport 1 placed before the executable program code in a module.
FV(Rate as Double, NPer as Double, Pmt as Double, [PV as Variant], [Due as Variant])
Double
Rate āĻšāĻ˛ā§ āĻĒāĻ°ā§āĻ¯āĻžāĻ¯āĻŧāĻŦā§āĻ¤ā§āĻ¤ āĻ¸ā§āĻĻā§āĻ° āĻšāĻžāĻ°āĨ¤
NPer is the total number of periods (payment period).
Pmt āĻĒā§āĻ°āĻ¤āĻŋāĻāĻŋ āĻĒāĻ°ā§āĻ¯āĻžāĻ¯āĻŧāĻāĻžāĻ˛ā§ āĻ¨āĻŋāĻ¯āĻŧāĻŽāĻŋāĻ¤ āĻĒā§āĻ°āĻĻā§āĻ¯āĻŧ āĻŦāĻžāĻ°ā§āĻˇāĻŋāĻ āĻāĻ¯āĻŧāĨ¤
PV (āĻāĻā§āĻāĻŋāĻ) āĻšāĻ˛ā§ (āĻŦāĻ°ā§āĻ¤āĻŽāĻžāĻ¨) āĻāĻāĻāĻŋ āĻŦāĻŋāĻ¨āĻŋāĻ¯āĻŧā§āĻā§āĻ° āĻā§āĻ¯āĻžāĻļ āĻāĻžāĻāĻžāĻ° āĻĒāĻ°āĻŋāĻŽāĻžāĻŖāĨ¤
Due (optional) defines whether the payment is due at the beginning or the end of a period.
0 - the payment is due at the end of the period;
1 - the payment is due at the beginning of the period.
Sub ExampleFV
Dim myFV As Double
myFV = =FV(0.04, 2, 750, 2500)
Print myFV ' returns 4234.00 currency units. The value at the end of the investment is 4234.00 currency units.
End Sub