Works: Calculating the Future Value of a Single Cash Flow
PSS ID Number: Q102148
Article last modified on 08-02-1993
PSS database name: M_WorKs

2.00 3.00

MACINTOSH


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The information in this article applies to:

 - Microsoft Works for the Macintosh, versions 2.0 and 3.0
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SUMMARY
=======

The FV function in Microsoft Works returns the future value of an
investment based on periodic, constant payments and a constant
interest rate.

The FV function can also be used to calculate the future value of a
single lump sum payment. To do this, enter the lump sum payment amount
as the present value (PV) and enter the payment amount as zero.
Entering a zero as the payment amount tells Works there is no constant
stream of payments.

For example, suppose that you will invest $1,000 today at an interest
rate of 12 percent, and you would like to know what the investment
will be worth at the end of five years.

The FV formula is entered as follows: 

   =FV(12%,5,0,-1000,0)

Additional reference words: 2.00 3.00  mac mwksss m_eXcel

Copyright Microsoft Corporation 1993.