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=FV(Rate, PaymentPeriods)=
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<div style="font-size:30px">'''FVIFA (Rate,NumberOfPayments)'''</div><br/>
 
   
Where  
 
Where  
 
*<math>Rate</math> is the rate of interest per period,  
 
*<math>Rate</math> is the rate of interest per period,  
*<math>PaymentPeriods</math> is the total number of payment periods in an annuity,
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*<math>NumberOfPayments</math> is the total number of payment periods in an annuity,
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== Description ==
 
== Description ==
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FV(Rate, PaymentPeriods)
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FVIFA (Rate,NumberOfPayments)
    
*For monthly payment, Rate should be divided by 12 (e.g. 10%/12) and PaymentPeroid should be multiplied by 12 (e.g. 4*12).
 
*For monthly payment, Rate should be divided by 12 (e.g. 10%/12) and PaymentPeroid should be multiplied by 12 (e.g. 4*12).
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