FV function - Zoho Sheet - Help Guide

FV

Returns the future value of an investment with constant interest rate and periodic payments.

 

Syntax

 

FV(rate; nper; pmt; [pv]; [type])

rate: The fixed interest rate per period. Eg., 0.06

nper: The total number of payment periods in the term. Eg., 10

pmt: The payment made in each period. This can be omitted when present_value is given, where it defaults to 0. Eg., -200

pv: The initial sum present at the beginning of the term. It defaults to 0 if omitted. Eg., -500

type: The time when the payments are made. It defaults to 0 when omitted.

0 - at the end of each period.
1 - at the start of each period (including a payment at the start of the term).

Remarks

  • The amount paid out is represented as negative values, while those received are represented as positive values.


Examples  

 

Formula

Result

=FV(A2;B2;C2;D2;E2)

3689.752376056

=FV(A3;B3;C3;D3;E3)

1034970.703125

=FV(A4;B4;C4;D4;E4)

7594.650268555


Get a hands-on experience of the function in the embedded range below. 



Possible Errors

 

Errors

Meaning

#N/A!

  • The function could not find the value it was asked to look for. Commonly occurs in VLOOKUP and similar functions.

#NAME!

  • The function name is incorrect or invalid.

  • The given defined name (if any) is invalid.

  • There is a typo in the defined name used in the function.

  • Double quotes are missing for text values in the function.

  • Colon missing in a cell range reference.

#VALUE!

  • The given argument's data type is incorrect or invalid.
    For example, the function =DATE(A1:A3) will return a #VALUE error when a text value is present in the range.

#REF!

  • The given cell reference is incorrect or invalid. This error may occur when a cell/range has been deleted, moved, or pasted over.

 

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