FVSCHEDULE

Summary

This function returns the future value of an initial principal after applying a series of compound interest rates. Calculate future value of an investment with a variable or adjustable rate.

Syntax

FVSCHEDULE(principal,schedule)

Arguments

This function has these arguments:

Argument	Description
principal	Present value of the principal
schedule	Schedule, array of interest rates to apply

Data Types

Accepts numeric data for both arguments. Returns numeric data.

Examples

FVSCHEDULE(4,A1:C1)

FVSCHEDULE(45,R1C1:R7C1)

FVSCHEDULE(1000,{0.8,0.6,0.7}) gives the result 4896