Related Topics:
	RENO Predefined Functions

fvi

Description: Returns the future value of a single investment, expense or revenue for a specific future period.

Syntax: fvi(Rate, Period, present_value)

• For a more complete description of the arguments in fvi and for more information on annuity functions, see the PV function.

• Rate is the interest rate per period.

• Period is the number of period for which you are making the investment or are receiving revenue. For example, if you will make a lump sum payment of $1,000 in three years for a settlement of an obligation, the period will be 3.

• present_value is the current value of the investment, expense or revenue. For example, if you will make a lump sum payment of $1,000 today the present value will be $1,000.

Remarks:

• This function is the same as the FV function with pmt = 0.

• All parameter values can include:

Example:

• fvi(0.05, 5, 1000)

Returns:

• 1276.281563