Formulas > =FV()
How To Use FV() Function in Google Sheets
Description
How To Actually Use FV() in Sheets
FV(rate, number_of_periods, payment_amount, [present_value], [end_or_beginning])
Try FV yourself
In cells A1 to A3, enter the interest rate (5%), number of periods (10), and payment amount (100). Use the FV formula in cell A5 to calculate the future value of the investment based on these inputs.
Hints (2)
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Remember to reference the correct cells for rate, number of periods, and payment amount.
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Ensure the interest rate is in decimal form (e.g., 5% as 0.05).
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