FutureValue function

Declaration

function FutureValue(ARate: Float; NPeriods: Integer; APayment: Float; 
 APresentValue: Float; APaymentTime: TPaymentTime)
: Float

Description

FutureValue calculates the future value of an investment ( FV) in the cash flow formula (see CashFlowFunctions) The function result is the future value of an investment of APresentValue ( PV), where APayment ( PMT) is invested for NPeriods ( n) at the rate of ARate ( q) per period.

The APaymentTime parameter determines whether the investment (payment) is an ordinary annuity or an annuity due: ptEndOfPeriod must be used if payments are at the end of each period. If the payments are at the beginning of the periode, ptStartOfPeriod must be used.

See also

• InterestRate
• NumberOfPeriods
• Payment
• PresentValue
• TPaymentTime
• CashFlowFunctions