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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.
