Returns the future value of an initial principal taking into consideration a schedule of compound interest rates.

Namespace: Imsl.Finance
Assembly: ImslCS (in ImslCS.dll) Version: 6.5.0.0

Syntax

C#
public static double Fvschedule(
	double principal,
	double[] schedule
)
Visual Basic (Declaration)
Public Shared Function Fvschedule ( _
	principal As Double, _
	schedule As Double() _
) As Double
Visual C++
public:
static double Fvschedule(
	double principal, 
	array<double>^ schedule
)

Parameters

principal
Type: System..::.Double
A double which specifies the present value.
schedule
Type: array< System..::.Double >[]()[]
A double array of interest rates to apply.

Return Value

A double which specifies the future value of an initial principal

Remarks

It is computed using the following:

\sum\limits_{i = 1}^{\it count} {\left( {{\it principal} \times {\it schedule}_i } \right)}

where {\it schedule}_i = interest rate at the i-th period.

See Also