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The 2 Most Helpful Personal Finance Formulas in ExcelThat’s what we are discussing today: Two helpful Excel formulas that are often overlooked outside the office. More specifically, I will explain the Future Value (FV) and Number of Periods (NPER ...
Below is how much you would have at the end of the five years. Or use the Future Value formula: The one-cent difference in these results, $5,525.64 vs. $5,525.63, is due to rounding in the first ...
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Calculating the Present and Future Value of AnnuitiesTo account for payments occurring at the beginning of each period, the ordinary annuity FV formula above requires a slight modification. It then results in the higher values shown below.
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