Finance Basics 7 - Future Value Examples in Excel - How much something is worth in the future

[@PraveenKumar-fs5dq]

@teachexcel, I had a doubt in the last question. Would it be correct if I find the present value of $1100 (by accommodating the inflation rate using the formula =PV(4.5%,2,0,1100) ) instead of calculating the future value for $1000 and then compare the 2 values?

[@Rogue_Oregon]

does this function use simple interest? or compounding?

[@TheMissDistortion]

compounding