future calue using target value and rate of return
I need to use the FUTURE VALUE function in cell E23 to calculate Target value
of the porfolio in 20 YEARS. using cell C20=0.075 as the rate of return, C21=2500 as the target payments to be made every year for the next 20 YEARS, and F17=89125 as the one-time lump sum of payment. It is suppose to calculate payments being made at the beginning of the period. any help is greatfully recieved :) thank you thank you thank you |
future calue using target value and rate of return
This assumes one payment of $89,125 now plus one payment of $2,500 now and
nineteen more payments of $2,500 at one year interval. The result is the value 20 years from now assuming an annual return of 7.5%. =FV(C20,20,-C21,-F17,1) That should get you started, but I am a unsure about the first payment of $2,500. Tom |
future calue using target value and rate of return
that was it thanks so much, I was putting some stuff in the wrong order and I
knew when I got 13.20 something or another that that was completely wrong. THANK YOU!! "TomPl" wrote: This assumes one payment of $89,125 now plus one payment of $2,500 now and nineteen more payments of $2,500 at one year interval. The result is the value 20 years from now assuming an annual return of 7.5%. =FV(C20,20,-C21,-F17,1) That should get you started, but I am a unsure about the first payment of $2,500. Tom |
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