FVSCHEDULE function - Returns the future value of an investment that has variable or adjustable interest in period in Excel
The following article details the meaning and usage of the FVSCHEDULE function - Returns the future value of an investment that has an interest rate that changes or can be adjusted periodically in excel.
The following article details the meaning and usage of the FVSCHEDULE function - Returns the future value of an investment that has an interest rate that changes or can be adjusted periodically in excel.
Description: The function that calculates the future value of an investment with interest.
Syntax : = FVSCHEDULE (principal, schedule) .
Inside:
- principal : The initial value of the investment.
- schedule : an array containing the interest rates to apply.
Attention:
- The values in the array can be either numbers or blank cells, in which case the blank cell is counted as zero (interest = 0).
For example:
Calculate the amount of investment received after 3 years with an initial value of 200,000,000, knowing the interest rates for years, respectively, 0.12, 0.15, and 0.08.
In the cell to calculate the investment value after 3 years enter the formula: = FVSCHEDULE (B6, C6: E6) .
Press Enter and the result of the investment after 3 years is:
In case the interest rate value is left blank, the function of self-understanding interest rate is 0:
The above is a detailed guide on how to use the FVSCHEDULE function in Excel hoping to help you.
Good luck!
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