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Finding the future value of $24 using a spreadsheet

INPUTS
Interest rate 0.08
Periods 385
Payment 0
Present value (PV) -24
Formula in cell B8
Future value $177,156,505,159,084 =FV(B3,B4,B5,B6)

Notice that we enter the present value in cell B6 as a negative number,


since the "purchase price" is a cash outflow. The interest rate in cell B3
is entered as a decimal, not a percentage.