FV

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

Example

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.

© Copyright 2023, Astera Software