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FVSCHEDULE

Returns the future value of an initial principal after applying a series of compound interest rates

Syntax

FVSCHEDULE(principal, schedule)

Parameters

  • principal: Required. The present value
  • schedule: Required. An array of interest rates to apply

Example

=FVSCHEDULE(1, {0.09, 0.11, 0.1})
Returns: NumberSince: Excel 2003