future value

G

Guest

I need the formula for future value. Investing $100 per pay period (26 pay
periods per year) over the next 30 years at a 7% interest rate compounded
monthly.
Thank you
 
G

Guest

Use the future value function:

FV(rate,nper,pmt,pv,type)

the description in Excel Help is quite good.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

How do you calculate an interest only loan 2
value error 2
How do I calculate interest? 1
calculation of future value between two dates 2
EXCEL problem- mortgage 0
FV function 2
Calculating interest due on late loan payments 1
Loan payment formula - need more info 10

Top