# Target future value to Yield 12%, cash flows compounded quarterly

#### vogtmike

##### New Member
I'm able to fairly successfully calculate a future payoff required to achieve a targeted return (say 12%), on an annual basis, with the following formula

=-NPV(12%,cash flows)*(1+12%)^COUNTA(Periods)

However, I'm trying to adapt this formula for cash flows that are compounded quarterly.

For simplicity, say CF's looked like this:
Q1 '13 -100
Q2 '13 10
Q3 '13 10
Q4 '13 10
Q1 '14 10
Q2 '14 10
Q3 '14 10
Q4 '14 10
Q1 '15 ?

What dynamic formula would you write to show a value that achieves at targeted return of 12% in Q1 '15, with quarterly compounding?

### Excel Facts

Easy bullets in Excel
If you have a numeric keypad, press Alt+7 on numeric keypad to type a bullet in Excel.

#### vogtmike

##### New Member
This probably won't please every finance guy, but I'm getting close substituting the rate with the output from =(1+12%)^(0.25)-1

#### Brettster

##### Board Regular
If you use the XNPV function instead that might do the trick.

Replies
0
Views
348
Replies
2
Views
314
Replies
2
Views
32
Replies
11
Views
120
Replies
2
Views
90

1,141,303
Messages
5,705,590
Members
421,400
Latest member
chakam

### We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.

### Which adblocker are you using?

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

### Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

### Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back