Computing Future Value

Question:
I am trying to make a financial calculator that will compute Future Value,but I don’t know how to write code for compounded interest.

Answer:
I believe you want to use the PV function, which is documented in the Help File. I’ve included it here also.

PV FunctionReturns the present value of an annuity based on periodic, constant payments to be paid in the future and a constant interest rate.SyntaxPV(rate, nper, pmt[, fv[, type]])
The PV Function is also available in VB4.0. There is a good example code snippet in the help file entry on the subject. Simply search the helpfile for “PV”.

Share the Post:
Share on facebook
Share on twitter
Share on linkedin

Overview

The Latest

microsoft careers

Top Careers at Microsoft

Microsoft has gained its position as one of the top companies in the world, and Microsoft careers are flourishing. This multinational company is efficiently developing popular software and computers with other consumer electronics. It is a dream come true for so many people to acquire a high paid, high-prestige job

your company's audio

4 Areas of Your Company Where Your Audio Really Matters

Your company probably relies on audio more than you realize. Whether you’re creating a spoken text message to a colleague or giving a speech, you want your audio to shine. Otherwise, you could cause avoidable friction points and potentially hurt your brand reputation. For example, let’s say you create a

chrome os developer mode

How to Turn on Chrome OS Developer Mode

Google’s Chrome OS is a popular operating system that is widely used on Chromebooks and other devices. While it is designed to be simple and user-friendly, there are times when users may want to access additional features and functionality. One way to do this is by turning on Chrome OS