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

\<emph\>Rate\</emph\> sets the periodic interest rate.

\<emph\>Total_periods\</emph\> is the total number of installment periods.

PMT: the annuity paid regularly per period.

PV (optional): the (present) cash value of an investment.

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