G

#### gavin

as an algebraic equation? I am creating a flash tool that will do the

calculation online, but need to know what the equation is so that it can be

programmed in.

The FV function uses the following syntax and arguments

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

where:

Rate is the interest rate per period.

Nper is the total number of payment periods in an annuity.

Pmt is the payment made each period; it cannot change over the life of the

annuity. If pmt is omitted, you must include the pv argument.

Pv is the present value, or the lump-sum amount that a series of future

payments is worth right now. If pv is omitted, it is assumed to be 0 (zero),

and you must include the pmt argument.

Type is the number 0 or 1 and indicates when payments are due. If type is

omitted, it is assumed to be 0.