future value

J

jeffw01

I need the formula for future value. Investing $100 per pay period (26 pay
periods per year) over the next 30 years at a 7% interest rate compounded
monthly.
Thank you
 
G

Gary''s Student

Use the future value function:

FV(rate,nper,pmt,pv,type)

the description in Excel Help is quite good.
 

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