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FV1

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(FV1(pmt,int,per))

 

Returns the future value of a series of equal payments of the amount, pmt, periodic interest rate, int, and compounding periods, per.

 

In the following example, FV1 returns the ending balance in your savings account if you deposit $300 each month for four years with an annual interest rate of 6.25%. The value of vfv1 (the balance) is $16,311.90.

 

SET VAR vfv1 = (FV1(300,(.0625/12),(4 *12)))