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Is Present Value required for the Future Value (Excel) Function?

If the present value is optional, does that mean it is 0?

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  • ?
    Lv 6
    2 years ago
    Favorite Answer

    If you don't enter a value, yes, 0 is assumed. It lets you specify an initial balance to which the future payments will be made.

    Any optional numerical parameters in Excel formulas will generally be assumed to be 0 if nothing is entered.

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