Scott Savage
Sherwood Park, alberta Canada
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Mynda Treacy
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Hi Scott,
Welcome to our forum!
Please see the file attached. Note: the interest rate doesn't take into effect any compounding. This should not be taken as financial advice. I'm merely showing you how the FV function works in Excel. It's up to you to see financial advice that takes into account tax implications and risk factors associated with fluctuating interest rates etc.
Mynda
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