ExcelBanter - future value

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jeffw01

future value

I need the formula for future value. Investing $100 per pay period (26 pay
periods per year) over the next 30 years at a 7% interest rate compounded
monthly.
Thank you

Gary''s Student

future value

Use the future value function:

FV(rate,nper,pmt,pv,type)

the description in Excel Help is quite good.
--
Gary''s Student - gsnu200713

"jeffw01" wrote:

I need the formula for future value. Investing $100 per pay period (26 pay
periods per year) over the next 30 years at a 7% interest rate compounded
monthly.
Thank you

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