'Declaration Public Class UltraCalcFunctionFV Inherits BuiltInFunctionBase
public class UltraCalcFunctionFV : BuiltInFunctionBase
FV(interestRate, nPeriod, payment, presentValue, paymentDue)
InterestRate is the assumed interest rate per period. The future value calculation assumes no change in the interest rate over the course of the investment. If you anticipate interest rate fluctuations, you should calculate the future value incrementally over shorter periods in which the interest rate is held constant. In some calculations, the interestRate may be synonymous with an investments' expected growth or rate of return per period.
NPeriod is the total number of payment periods in an annuity. Each payment is assumed to be of the same amount, and occur at regular fixed time intervals. A payment earlier in the annuity will be invested for a longer period of time and therefore would accrue more interest than a payment made later in the annuity.
Payment is a fixed amount invested in the annuity at each period. Use a negative number to represent an outflow of cash paid out, and a positive number to represent an inflow of cash received. Calculating a future value requires either a non-zero series of payments or a presentValue.
PresentValue is the value of the investment at the beginning of the annuity. It represents the discounted value of a series of future payments, which over time could be worth a greater amount because they have accrued interest. If the annuity has no present value, then you must specify a non-zero payment amount.
PaymentDue is a numeric value of either 1 or 0, and indicates whether payments are invested in the annuity at the beginning of each period (1) or at the end of each period (0).
The interestRate and nPeriod arguments determine the frequency of payments. If interestRate is given as an annual rate, and nPeriod is 1 then payments are once per year. On the other hand, if nPeriod had been 4 then payments would occur quarterly. Please ensure you use consistent time values when specifying these arguments.
Target Platforms: Windows 10, Windows 8.1, Windows 8, Windows 7, Windows Vista SP1 or later, Windows XP SP3, Windows Server 2008 (Server Core not supported), Windows Server 2008 R2 (Server Core supported with SP1 or later), Windows Server 2003 SP2