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Name
FV
Syntax
FV (Real Rate, Real NPer, Real Pmt, Real PV)
Purpose
To return the future value of an annuity.
Description
Returns the future value of an annuity based on periodic, fixed payments and a fixed interest rate.
Return Type
Double
Parameters
Rate [System.Double] – Interest rate for period
NPer [System.Double] – Number of payment periods
Pmt [System.Double] – Payment for each period
PV [System.Double] – Present value of annuity
In this example, we will be passing the required parameters to the function transformation object using a Variables object.
Where,
Rate = 1.5
NPer = 2
Pmt = 200
PV = 1000000
Right-click on the function transformation object and select Preview Output. You can see that Astera Data Stack has returned Future Value of the specified annuity.