The Future value (Fv)at the end of the time period in an Excel function is usually ________ for loans.
A)twice the principal
B)zero
C)half the principal
D)the same as the principal

Question

Quizplus · Accepted Answer

For loans, the future value (Fv) at the end of the time period is usually zero because the loan amount should be fully paid off by the end of the time period, and there should not be any remaining balance or future value.

The Future Value (Fv)at the End of the Time Period