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Calculates the future value of an investment based on a constant interest rate
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let func = | |
(Rate as number, Nper as number, Pmt as number, optional Pv_ as number, optional Type_ as number) => | |
let | |
// Source for general algorithm: https://community.powerbi.com/t5/Community-Blog/F-G-Excel-to-DAX-Translation/ba-p/1061026 | |
Type = if Type_ is null then 0 else Type_, | |
Pv = if Pv_ = null then 0 else Pv_, | |
FV = | |
if Rate = 0 | |
then -1 * ( (Pmt * Nper) + Pv) | |
else -1 * ( | |
( Pv * Number.Power( 1 + Rate, Nper) ) + | |
Pmt * ( 1 + Rate * Type) * | |
(( Number.Power(1 + Rate, Nper) -1 ) / Rate ) ) | |
in | |
FV, | |
documentation = [ | |
Documentation.Name = " Xls.FV ", | |
Documentation.Description = " Calculates the future value of an investment based on a constant interest rate ", | |
Documentation.LongDescription = " Calculates the future value of an investment based on a constant interest rate. You can use FV with either periodic, constant payments, or a single lump sum payment. ", | |
Documentation.Category = " Xls.Financial ", | |
Documentation.Source = " www.TheBIcountant.com . ", | |
Documentation.Version = " 1.0 ", | |
Documentation.Author = " Imke Feldmann ", | |
Documentation.Examples = {[Description = " ", | |
Code = " let | |
Rate = 0.06/12, | |
nPer = 10, | |
Pmt = -200, | |
Pv = -500, | |
Type = 1, | |
FunctionCall = XlsFV(Rate, nPer, Pmt, Pv, Type) | |
in | |
FunctionCall ", | |
Result = " 2581,40337406013 | |
"]}] | |
in | |
Value.ReplaceType(func, Value.ReplaceMetadata(Value.Type(func), documentation)) |
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