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Calculate the future value of a series with FV

Calculate the future value of a series with FV: Excel for Mac 2016: Advanced Formulas and Functions
Calculate the future value of a series with FV: Excel for Mac 2016: Advanced Formulas and Functions

To calculate the value of a series of payments made on a regular basis with same interest rate, use the FV (Future Value) function. If you deposit $300 into an account each month for 60 months and the interest rate is 2%, the value of your deposits at the end of five years will be 18,914.21 - derived from =FV(2%/12,60,300).

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Skill Level Intermediate
6h 52m
Duration
60,296
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Skills covered in this course
Business Spreadsheets Excel for Mac Office Office 365

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