Functions Reference

Table Of Contents
FILEMAKER FUNCTIONS REFERENCE 69
Financial functions
Financial functions calculate financial information, such as net present value and payments. For
example, you can calculate the monthly payments required to buy a car at a certain loan rate using
the
PMT function.
Click a function name for details.
FV
Purpose
Returns the future value (FV) of an initial investment, based on a constant interestRate and
payment amount for the number of periods in months.
Format
FV(payment;interestRate;periods)
Parameters
payment - payment to be made per period
interestRate - interest rate per period
periods - number of periods
Data type returned
number
Originated in
FileMaker Pro 6.0 or earlier
Description
Use this function to calculate FV. For example, you can calculate how much you’ll earn on an
investment in which you pay $50 a month for 60 months at a 6 percent annual interest rate.
Notes
When interestRate is 0, this function returns the result of payment * periods.
This function Returns
FV The future value of an initial investment, based on a constant interest rate and
payment amount for the number of periods in months.
NPV The net present value of a series of unequal payments made at regular intervals,
assuming a fixed rate per interval.
PMT The payment required by the term, interest rate, and principal.
PV The present value of a series of equal payments made at regular intervals
(periods), assuming a fixed interest rate per interval.