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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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|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|
There are no financial functions in Excel to find FVIF - future value interest factor of $1 for n number of periods earning i% interest rate. But 3rd party functions such as tadFVIF help you easily find the future value factor with relative ease in Excel 2007, 2010, and 2013. tadFVIF is amongst a large number of financial functions that are found in tadXL add-in. Here me, Abraham A. will guide you through steps required for finding FVIF in Excel.
A FVIF is an acronym that stands for future value interest factor of $1 that earns i% interest for n number of periods. Finding it manually requires discounted cash flow calculations and without a calculator it gets time consuming to find it. Finding FVIF in Excel is possible when you use 3rd party financial functions such as tadFVIF that are part of tadXL add-in for Excel 2007, 2010 and 2013. This package contains a very large number of financial functions that are not found in Excel itself but are routinely used by financial analysts.
Excel FVIF function
The future value interest factor Excel function requires the following values as input:
- tadFVIF ( rate, nper, compounding, period, distribution )