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Chapter 18. Building Investment Formulas > The Future Value of a Lump Sum

The Future Value of a Lump Sum

In the simplest future value scenario, you invest a lump sum and let it grow according to the specified interest rate and term, without adding any deposits along the way. In this case, you use the FV() function with the pmt argument set to 0:

FV(rate, nper, 0, pv, type)


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