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|Whether you require analyzing a single investment to find investor's ROI or are eager to evaluate a whole portfolio of investments, tadXL will deliver the results. And how about analyzing a "portfolio of portfolios" or even a portfolio of "portfolios of portfolios"|
|tadXL v2.5 allows one dimensional financial analysis, the next many iterations of tadXL will allow for N-dimensional financial analysis starting with 2 dimensional TVM equation in v3.0 followed by 3 dimensional time value of money equation in v4.0 and moving upwards|
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|In near future you will be get to download newer versions of tadXL v3.0, v4.0, v5.0, v6.0, v7.0, v8.0, v9.0 and v10.0|
|Don't be surprised if you find out that Microsoft has copied ideas from tadXL to offer similar financial functions in its upcoming Excel 2015. And you thought Microsoft would respect others copy protected work, yet that is not the case this time with that software Giant pirate|
FVIF is the future value interest factor of $1 that earns i% interest rate for n number of periods. Here me Abraham A. will provide you with a study guide to explain and illustrate future value interest factor of $1.
FVIF is an acronym for future value interest factor of $1 that earns an i% interest rate for n number of periods. The FVIF may be thought of as interest earned on a loan worth $1 on which the borrow agrees to pay a compound interest for a number of periods. The interest may be earned on different frequencies that are referred to as compounding frequencies of interest which range from annual compounding all the way down to daily compounding. The maximum interest may be earned when interest is compounded continuously, the compounding frequency of interets may exceed that of a year such as biennial and triennial compounding of interest. I present you a FVIF document as a Word file that explains the FVIF giving you the various formulas that are used in FVIF calculation. The FVIF calculation is demonstrated with example calculation taken from real life money lending situations.
Excel FVIF function in tadXL v2.5
Using tadXL functions such as tadFVIF finding future value interest factor in Excel 2007, 2010 and 2013 becomes really easy. Let us now briefly look at this financial functions in tadXL to find FVIF using Excel:
- tadFVIF ( rate, nper, compounding, period, distribution )