How to Calculate Future Value (FV) of Ordinary Annuity Using MS Excel

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This video shows how students can calculate the future value of an ordinary annuity in MS Excel.

ABOUT ME:
My name is Atif Ikram. I am a Clinical Professor of Finance at Arizona State University (W.P. Carey School of Business) where I teach undergraduate and graduate level courses in corporate finance, personal finance and real estate. I have also taught various courses in economics, corporate finance and investments and Rutgers University, Wayne State University and Lahore University of Management Sciences (LUMS). I have a Masters degree in Economics from LUMS, and a PhD degree in Finance from ASU.

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what about when the interest rate is compounded monthly or quarterly ?

denisanguissa
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What if your annuity is being paid out by month, would you divide by 12?

isabelmartinov