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Google Sheets function

FV in Google Sheets

FV with worked examples you can test in the live grid. The argument details are in the Excel guide.

In Google Sheets

The arguments and common errors are covered in the FV Excel guide; check the function help in Google Sheets for its own argument list.

Worked examples in Google Sheets

Monthly deposits

ABC
1RateMonthsDeposit
20.05120200

Formula: E2: =ROUND(FV(A2/12,B2,-C2),2)

Result: 31056.46

Depositing 200 a month for ten years at 5% grows to about 31,056.

A single deposit

A
1Deposit
21000

Formula: C2: =ROUND(FV(0.04,10,0,-A2),2)

Result: 1480.24

With no regular payment, 1,000 at 4% for ten years becomes about 1,480.

Opening balance plus deposits

ABCD
1RateMonthsDepositStart
20.051202005000

Formula: F2: =ROUND(FV(A2/12,B2,-C2,-D2),2)

Result: 39291.5

The 5,000 already saved is added through the pv argument and grows alongside the deposits.

Try it

A tiny spreadsheet with example data. Edit the formula or any number and see the result.

Formula in D2: =FV(5%/12,12,-200,-1000)

Example spreadsheet for FV
ABCD
1YearCash flowResult
20-100003506.9329962
313000
424000
534500
642500
Result in D2: 3506.9329962
Practice this in a lesson: Savings: FV and PV

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