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 )

principal: Type: System..::.Double
A double which specifies the present value.

schedule: Type: array< System..::.Double >[]()[]
A double array of interest rates to apply.

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.