Google Sheets FV function
Calculates how much you build up paying the same each period with interest. In Spanish Sheets it is called VF.
Syntax
English Sheets
=FV(rate, number_of_periods, payment_amount, [present_value])
Spanish Sheets (Mexico locale)
=VF(tipo, número_de_períodos, importe_pago, [valor_actual])
Spanish Sheets (Spain, Latin America)
=VF(tipo; número_de_períodos; importe_pago; [valor_actual])
| Argument | What it is |
|---|---|
| rate | The rate per period. |
| number_of_periods | How many payments. |
| payment_amount | What you pay in each period, as a negative. |
| present_valueoptional | What you already have; 0 by default. |
Example
FV(rate, number_of_periods, payment_amount) calculates how much you will have by paying in the same amount each period with interest. As with PMT, use monthly rate and periods, and a negative payment.
=FV(B2/12,B3*12,-B1)
Common mistake
If the rate is annual and you pay monthly, divide the rate by 12 and multiply the years by 12.
About Ads
This site uses Google AdSense to display ads. These ads help us keep WebHerramientas completely free. Ads are managed by Google and meet strict security and privacy standards.
Ads help us keep WebHerramientas free for everyone
Practice FV
Type the formula in the sheet and check it instantly. Spanish or English function names both work. See all lessons
Savings with FV
FV(rate, number_of_periods, payment_amount) calculates how much you will have by paying in the same amount each period with interest. As with PMT, use monthly rate and periods, and a negative payment.
In B5, calculate how much you will have saved at the end.
| A | B | C | |
|---|---|---|---|
| 1 | Monthly saving | 2000 | |
| 2 | Annual return | 9% | |
| 3 | Years | 5 | |
| 4 | |||
| 5 | Final total | ||
| 6 |
Tip: while typing, click a cell or drag across several to insert their reference.
Frequently asked questions
- What is FV called in Spanish?
- In Spanish Google Sheets it is VF. The formula =FV(B2/12,B3*12,-B1) is written =VF(B2/12;B3*12;-B1) (or with commas under a Mexico locale).
- Why does FV use semicolons in some spreadsheets?
- It depends on each spreadsheet's locale, under File > Settings. Where the comma is the decimal mark (Spain, much of South America), arguments are separated by semicolons. Mexico and United States locales use commas.
- What is the most common FV mistake?
- If the rate is annual and you pay monthly, divide the rate by 12 and multiply the years by 12.