Berk/DeMarzo, Corporate Finance Annuity Spreadsheet

Enter 4 of the items N, I/Y, PV, PMT, or FV in the shaded area below, and the annuity calculator will solve for the fifth item. The solution will be such that the cash flows shown on line 14 have NPV = 0. Instructions Note that PV, PMT, and FV are initially set to round to the nearest dollar. To change this default, right click and select "Format Cells > Number > Decimal Places" and enter the desired precision. N 15 I/Y 8.00% PV -20,000 PMT 0 FV 63,443 0 (20,000) 1 0 (20,000) 0 2 0 0 … ... … 15 0 63,443 63,443 Excel Formula
=FV(0.08,15,0,-20000)

Given Solve For FV Date PV PMT FV Cash Flow

1