J

#### Jolanta

I put 1000 dollars in the bank (one time installment). I get 4% annual

interest. And I keep the money in the bank for 17 years.

On paper the answer is 1000 x 4% = 40 x 17 = 680 dollar + the initial

amount of 1000 = 1680

How can I put these numbers into the FV Function of Excel

Rate ?

Nper ?

PMT ?

PV ?

Type 1

Thanks a lot for your help