fvschedule

Future value with variable interest rates.

Syntax

v = fvschedule(principal, schedule)

Description

Returns the future value of principal after applying a series of compound interest rates given in schedule (a vector of period rates).

Example

fvschedule(1000, [0.05 0.04 0.06])    % 3 years of varying rates

See also

• fv — Future value of an investment.