I'm trying to calculate the payment_amount
in the FV formula so I could plot the growth chart over certain period. The difference is that I know what FV I want to reach, and I know the rate
and number_of_periods
.
I created this example to illustrate the problem:
CodePudding user response:
Is not as exact as your value but you can use:
=-FV(F8, 1, -PMT(F8,F11,1, F5), 0)
I stated F11 as number of periods in case you want to change it dinamically. You can also use this sequence to have the full calculations in one cell:
=Scan(0, SEQUENCE (F11),LAMBDA(ag,v,-FV(F8, 1, -PMT(F8,F11,1, F5), ag)))