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How to use FV function in Excel for the following problem?


Find the future value of an investment of Rs 600 at the beginning of the year if the
rate of interest is 7% for 10 number of periods and amount of payment per period
is Rs 250.

Here's the formula:

=-FV(0.07,10,250,600)

You can copy and paste it into excel if you like. Good luck!

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