Excel Math formulas
I'm trying to figure out the math equations for Present Value, Future
Value, and Payment in Excel. I want to make sure they are the exact same equations as what it uses so my numbers don't get screwed up. If anyone could help me out I'd really appreciate it. |
Excel Math formulas
|
Excel Math formulas
" wrote:
I'm trying to figure out the math equations for Present Value, Future Value, and Payment in Excel. I cannot say for sure what Excel does. But the typical formula is: 0 = PV + (1 + i*TYPE)*PMT*( (1 - (1+i)^(-n)) / i ) + FV*(1+i)^(-n) Solve for PV, FV or PMT. Solve for i iteratively. |
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