How much will I earn?

Next, you can calculate the future value of your investment using the fv() function. This function allows you to examine the effects of the compounding frequency rate on the growth of your money, which you might use to compare between different investment opportunities.

For example, is it worth going with a weekly rate? Or does a biweekly investment give you the same return?

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Інструкції до вправи

In D8, use =fv(effective rate, length of investment, payment amount, -present value) to estimate future value.
Use 0 for the payment amount and absolute references for length of investment and present value.
Copy this formula to D8:D14.

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