FVAL() - Future value

Calculates the future value of a series of equal payments.

Returns

Double value if successful. If an error occurs, this function returns a zero.

Arguments

Type	Field	Description
double	dPayment	Amount of periodic payment
double	dInt	Interest percentage
long	lTerm	Total number of periods
double	dPV	Present value
integer	iBasis	Valid codes: 0 = end 1 = begin

16 bit DLL declarations

PowerBuilder Function declaration

function double FVAL(double dPayment, double dInt, long dTerm, double dPV, int dBasis) library "IFL16.DLL"

Visual Basic Function declaration

Declare Function FVAL lib "IFL16" (ByVal dPayment As Double, ByVal dInt As Double, ByVal dTerm As long, ByVal dPV As double, ByVal dBasis As Integer) As Double

C/C++ Synopsis

#include "function.h"

double FVAL(double dPayment, double dInt, long dTerm, double dPV, int dBasis)

32 bit DLL declarations

PowerBuilder Function declaration

function double FVAL(double dPayment, double dInt, long lTerm, double dPV, int iBasis) library "IFL32.DLL"

Visual Basic Function declaration

Declare Function FVAL lib "IFL32" (ByVal dPayment As Double, ByVal dInt As Double, ByVal lTerm As long, ByVal dPV As Double, ByVal iBasis As Integer) As Double

C/C++ Synopsis

#include "function.h"

double FVAL(double dPayment, double dInt, long lTerm, double dPV, short sBasis)

Example:

dPayment	=	2,000
dInt	=	0.075	(7.5%)
lTerm	=	20
dPV	=	50,000
iBasis	=	0

Result: $ 299,001.92