FV
(Future Value): -It returns
the future value of on investment based on periodic, constant payment and a
constant interest rate.
Syntax: - =Fv(Interest/Condition, Term, Installment)
Ex: - =Fv(11%/12,
60, 1000)
=Fv(5%/365,
1825, 10)
=Fv(10%/4,
20, 5000)
=Fv(10%/2, 10, 10000)
PMT (Per Month Term):- Calculate the payment for a loan
based on constant payments and a constant interest rate.
Syntax: - =PMT(Interest/Condition, Loan Amount)
Ex: - =PMT(11%/12, 60, 100000)
PV
(Present Value): -It returns
the present value of an investment. The present value is the total amount that
a series of future payment is worth row for example when you borrow money the
loan amount is the present value to the lender.
Syntax: - =PV(Interest/Condition, Loan Installment)
Ex: - =PV(11%/12, 60, 2174.24)