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This article describes the formula syntax and usage of the SERIESSUM function in Microsoft Excel.

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Description

Many functions can be approximated by a power series expansion.

Returns the sum of a power series based on the formula:

Syntax

SERIESSUM(x, n, m, coefficients)

The SERIESSUM function syntax has the following arguments:

• X Required. The input value to the power series.

• N Required. The initial power to which you want to raise x.

• M Required. The step by which to increase n for each term in the series.

• Coefficients Required. A set of coefficients by which each successive power of x is multiplied. The number of values in coefficients determines the number of terms in the power series. For example, if there are three values in coefficients, then there will be three terms in the power series.

Remark

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If any argument is nonnumeric, SERIESSUM returns the #VALUE! error value.

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Example

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Copy the example data in the following table, and paste it in cell A1 of a new Excel worksheet. For formulas to show results, select them, press F2, and then press Enter. If you need to, you can adjust the column widths to see all the data.

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This article describes the formula syntax and usage of the FVSCHEDULE function in Microsoft Excel.

Description

Returns the future value of an initial principal after applying a series of compound interest rates. Use FVSCHEDULE to calculate the future value of an investment with a variable or adjustable rate.

Syntax

FVSCHEDULE(principal, schedule)

The FVSCHEDULE function syntax has the following arguments:

• Principal Required. The present value.

• Schedule Required. An array of interest rates to apply.

Remarks

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The values in schedule can be numbers or blank cells; any other value produces the #VALUE! error value for FVSCHEDULE. Blank cells are taken as zeros (no interest).

Example

Copy the example data in the following table, and paste it in cell A1 of a new Excel worksheet. For formulas to show results, select them, press F2, and then press Enter. If you need to, you can adjust the column widths to see all the data.