Difference between revisions of "Manuals/calci/FVSCHEDULE"

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=FVSCHEDULE(Principal, Schedule)=
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<div style="font-size:30px">'''FVSCHEDULE(Principal, Schedule)'''</div><br/>
 
 
 
Where  
 
Where  
 
*<math>Principal</math> represents the present value, and  
 
*<math>Principal</math> represents the present value, and  
 
*<math>Schedule</math> represents the array of interest rates to apply.
 
*<math>Schedule</math> represents the array of interest rates to apply.
 
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**FVSCHEDULE() returns the future value of an initial principal after applying a series of compound interest rates.
FVSCHEDULE() calculates the future value of an initial principal after applying a series of compound interest rates.
 
  
 
== Description ==
 
== Description ==
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FVSCHEDULE(Principal, Schedule)
 
FVSCHEDULE(Principal, Schedule)
  
*Argument <math>Schedule</math> can be a numeric value. Else Calci displays NaN error message.
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*Argument <math>Schedule</math> can be a numeric value or empty cell. For non-numeric values, Calci displays NaN error message.
*Blank cells in between the Schedule array are considered to be zero (0).
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*Blank cells in the array of <math>Schedule</math> argument are considered to be zero (0).
  
 
== Examples ==
 
== Examples ==
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{| id="TABLE3" class="SpreadSheet blue"
 
{| id="TABLE3" class="SpreadSheet blue"
 
|- class="even"
 
|- class="even"
| class=" " |  
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| class=" " | 2
| class=" " |  
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| class=" " | 0.01
 
| class=" " |
 
| class=" " |
  
 
|- class="odd"
 
|- class="odd"
 
| class=" " |  
 
| class=" " |  
| class=" " |  
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| class=" " | 0.56
 
| class=" " |
 
| class=" " |
  
 
|- class="even"
 
|- class="even"
 
| class=" " |  
 
| class=" " |  
| class=" " |  
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| class=" " | 0.02
 
| class=" " |
 
| class=" " |
  
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| class=" " |
 
| class=" " |
  
|- class="even"
 
| class=" " |
 
| class=" " |
 
| class=" " |
 
 
|}
 
|}
  
<font color ="Red">Need to add examples after next release</font>
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=FVSCHEDULE(A1,[B1,B2,B3]) : Calculates the future value with Principal in cell A1 and <br />array of interests from cells B1 to B3. Returns '''3.214224''' as a result.
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=FVSCHEDULE(1,[0.08,0.12]) : Calculates the future value with the mentioned argument values. <br />Returns '''1.2096000000000002''' as a result.
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==Related Videos==
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{{#ev:youtube|v=25xfoe1Mi-Y|280|center|FVSCHEDULE}}
  
 
== See Also ==
 
== See Also ==
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*[http://http://en.wikipedia.org/wiki/Future_value Future Value]
 
*[http://http://en.wikipedia.org/wiki/Future_value Future Value]
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*[[Z_API_Functions | List of Main Z Functions]]
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*[[ Z3 |  Z3 home ]]

Latest revision as of 15:55, 15 November 2018

FVSCHEDULE(Principal, Schedule)


Where

  • represents the present value, and
  • represents the array of interest rates to apply.
    • FVSCHEDULE() returns the future value of an initial principal after applying a series of compound interest rates.

Description

FVSCHEDULE(Principal, Schedule)

  • Argument can be a numeric value or empty cell. For non-numeric values, Calci displays NaN error message.
  • Blank cells in the array of argument are considered to be zero (0).

Examples

Consider the following example that shows the use of FVSCHEDULE function:

2 0.01
0.56
0.02
=FVSCHEDULE(A1,[B1,B2,B3]) : Calculates the future value with Principal in cell A1 and 
array of interests from cells B1 to B3. Returns 3.214224 as a result. =FVSCHEDULE(1,[0.08,0.12]) : Calculates the future value with the mentioned argument values.
Returns 1.2096000000000002 as a result.

Related Videos

FVSCHEDULE

See Also

References