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Default FV & dynamic payment

On Jan 27, 6:30*am, Emma Hope
wrote:
I want to do the following, £100,000 grows at 9% per
year, 12% per year is paid out for 10 years, what is
the final value?


Take a look at the first year to be sure I understand you correctly.
After the first year, we have: 100000*(1+9%)*(1-12%) = 95920. Right?

If so, then:

=fv((1+9%)*(1-12%)-1,10,0,-100000)
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