Excel formula for investments

Dean01

Senior Member
Joined
Mar 24, 2011
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Hi guys

Struggling to find something (which seems so simple!)

Can anyone advise what excel formula I can use to calculate the future value of my investment which includes an initial amount and monthly deposits?

TIA
 
Remember if payments is monthly, your rate should also be in months
 
Both the the initial and pmt should be negative to show your FV as positive
 
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