{{tag>Index Function Function_List Financial}}
====== FV ====== 
===== Description =====  
Calculates the future value of an investment based on periodic constant payments and a constant interest rate
===== Parameters =====  
  - Rate – interest rate per period (in percents, 50% is 0.5).
  - Nper – total number of payment periods in an annuity
  - Payment – payment made each period
  - Present value (optional) – present value or the lump-sum amount that a series of future payments is worth right now. If omitted assumed to be 0
  - Type (optional) – indicates when payments are due. 0 or omitted – at the end of the period; 1 – at the start of the period
===== Example =====  
<code aim>FV (0.08, 12 * 20, 500, 0, 0) </code>