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It is a financial function. It returns the future value of an investment based on an interest rate and a constant payment schedule. So if you are paying in a set amount on a regular basis, like every month, and there is a fixed interest rate, it can work out how much your investment will be worth. See the link below for more details.

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12y ago
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15y ago

FV stands for Future Value and it is the function that calculates future values of investments based on periods of time and interest rates.

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Q: What does FV stand for in Excel?
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