Microsoft Excel Tutorial: Future Value Functions and Pensions

This video tutorial covers the concept of future value functions and pensions, focusing on calculating the future value of investments using Excel. It provides a detailed example of calculating the maturity amount of a principal investment with a given interest rate and term. The tutorial explains the formula components, including interest rate, number of payments, and present value, and demonstrates how changes in interest rates affect the future value. The session concludes with a summary of key concepts and encourages viewers to ask questions if needed.

Describe the significance of the PMT and PV in the context of future value calculations.

What happens to the maturity amount if the interest rate is changed from 15% to 16%?

How does the future value function help in understanding the growth of an investment over time?