Fv function

Anna vib

New Member
Joined
Jul 29, 2021
Messages
1
Office Version
  1. 2013
Platform
  1. Windows
So I've been trying to calculate my FV after 1 year and I have rate, nper & pv but don't have pmt. It says filling the pmt filed is necessary but in an example I watched earlier, he did it with just pv and left pmt filed empty and it was ok for him. Exel didn't give him same error as mine.
When I downloaded his own file, it was ok with my excel and didn't bring up any error but then again I tried to do the same thing( even copy paste it!) and the erorr came up. Look at ex4.
Screenshot (406).png
Any idea why? or how can I calculate fv without pmt?
Thank you guys!
 

Excel Facts

Which came first: VisiCalc or Lotus 1-2-3?
Dan Bricklin and Bob Frankston debuted VisiCalc in 1979 as a Visible Calculator. Lotus 1-2-3 debuted in the early 1980's, from Mitch Kapor.
You should be able to leave PMT blank or enter 0 for it'
Book1
ABC
1
2Rate0.417%Month
3PV$ 5,000.00
4NPER12months
5
6FV$5,255.81
Sheet2
Cell Formulas
RangeFormula
B2B2=5%/12
B6B6=FV(B2,B4,0,-B3)
 
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