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 Microsoft Excel > Functions > Financial > FVSCHEDULE

 

FVSCHEDULE(principal, schedule)

 
 Returns the future value of an initial principal after applying compound interest rates.

 principalThe present value.
 scheduleThe array of interest rates.

 REMARKS
 
  • This function is only available if you have the Analysis ToolPak add-in installed.
     
  • This function can be used to calculate future value of an investment with a variable or adjustable rate.
     
  • The "schedule" can be numbers or blank cells.
     
  • If "schedule" contains blank cells then these are taken as zeros (no interest).
     
  • If "schedule" is not numeric, then #VALUE! is returned.

     EXAMPLES
     
     A
    1=FVSCHEDULE(1,{0.09,0.11,0.1}) = 1.331
    2=FVSCHEDULE("some text",{0.09,0.11,0.1}) = #VALUE!
     

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