Example 4 Now that we have calculated the future value of a lump sum with the equation, we will use Excel's FV function to calculate the future value. Suppose you have the following Interest rate per year: Number of years: Initial investment: How much will you have at the end of the investment. Using the FV function, we find that you will have: Future value: $ 12% 3 400

How much will you have at the end of the investment. Uhine the PY function, we find that you will have: Future value: Example 4 Hew fuch will you have at the end of the imveutment using the iN function. we find that rou will have fufure value