FV Function in Excel | Financial Formula

FV, one of the financial functions which is calculates the future value of an investment based on a constant interest rate. You can use the FV function to get the future value of an investment assuming periodic, constant payments with a constant interest rate.


Syntax
=FV(rate, nper, pmt, [pv], [type])

Arguments

rate - The interest rate per period.
nper - The total number of payment periods.
pmt - The payment made each period. Must be entered as a negative number.
pv - [optional] The present value of future payments. 
type - [optional] When payments are due