I have selected the function "FVSCHEDULE " from excel. Thisfunction is used to calculate the future value of a principal that isto be invested now. With the help of this function we cancalculate future value of principal with variable rates as well asadjustable rate. there are two parts of the function the first oneis principal and that is to be invested and second part consists ofa series of interest rates. interest rates may be same for all ofthe years and we can also put variable interest rates for differentyears.following is the exapmle using this function.Mr. A want to invest $5 ...
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