Looking for ways to know how to calculate Future Value of uneven cash flows in Excel? We can calculate the Future Value of both even and uneven cash flows in Excel. Here, you will find 3 ways to calculate Future Value of uneven cash flows in Excel.

**Table of Contents**Expand

## What Is Future Value of Uneven Cash Flows?

Future Value is the total amount of the Present Value and Total Interest. The future value can be calculated for both even and uneven cash flow. To calculate the future value of uneven cash flows first future value for each cash flow is calculated. Then, all values are added to get the total future value.

The formula for calculating the future value of uneven cash flow is given below.

`FV = CF0 * (1+r)^ n + CF1 * (1+r)^ n-1+ CF2 * (1+r)^ n-2 + â€¦â€¦. +CFn`

Here, CF represents the Cash Flow, r represents Interest Rate and n indicates the Total Number of Payment Periods.

## How to Calculate Future Value of Uneven Cash Flows in Excel: 3 Ways

Here, we will show 3 different ways to calculate the Future Value of uneven cash flows in Excel by using different functions and manually calculating by using the formula.

### 1. Using FV Function to Calculate Future Value of Uneven Cash Flows Excel

In the first method, we will show you how to calculate the future value by using **the FV function**. The **FV **function is used to find out the future value of investment in different conditions. It returns a negative value which indicates an outflow of cash.

Here, we have a dataset containing the Time Period (Year), Cash Flow, and Rate of an investment. Now, we will use this dataset to calculate the future value using the **FV** function.

Follow the steps given below to do it on your own.

**Steps:**

- Firstly, select Cell
**D5**. - Then insert the following formula.

`=FV($C$12,$B$10-B5,,C5)`

Here, in the** FV** function, we selected Cell **C12** as the rate and fixed this Cell using** $ **sign. Then, selected the subtraction of Cell **B10 **and Cell **B5 **as the nper and Cell **C5 **as pv.

- After that, press
**ENTER**to get the value of the Future Value. - Then, drag down the
**Fill Handle**tool to**AutoFill**the formula for the rest of the cells.

- Finally, you will get all the values to the future value for each time period using the
**FV**function.

- Next, select Cell
**C13**. - Then insert the following formula.

`=SUM(D5:D10)`

Here, we used **the SUM function** to add the values of Cell range** D5:D10**.

- Now, you will get the value of the Total Future Value which is in negative form.

- Then, to convert the value into a positive one select Cell
**C13**. - After that, insert the following formula.

`=-SUM(D5:D10)`

Here, we used a **(-)** sign in front of the **SUM** function to convert the total future value into a positive one.

- Finally, you will get your desired total future value in Excel.

**Read More: **How to Calculate Present Value of Future Cash Flows in Excel

### 2. Use of NPV and FV Functions to Calculate Future Value of Uneven Cash Flows

Now, we will show you how to calculate future value of uneven cash flows using the **NPV **and **FV **functions in Excel. The **NPV** function returns the net present value of an investment using a given rate.

Here, we have a dataset containing the Time Period (Year), Cash Flow, Rate, and Total No of Payment Period of an investment. Now, we will use this dataset to calculate the Future Value using the **FV **and **NPV **functions.

Go through the steps given below to do it on your own.

**Steps:**

- In the beginning, select Cell
**C14**. - Then, insert the following formula.

`=NPV(C12,C5:C10)`

Here, in the** NPV** function, we selected Cell **C12** as the rate and Cell range **C5:C10 **as values.

- After that, press
**ENTER**to get the value of the Future Value.

- Now, select Cell
**C15**. - Next, insert the following formula.

`=FV(C12,C13,,C14)`

Now, in the** FV** function, we selected Cell **C12** as the rate, Cell **C13 **as the nper and Cell **C14 **as pv.

- After that, press
**ENTER**to get the value of the Future Value.

- Then, to convert the value into a positive one select Cell
**C15**. - Next, insert the following formula.

`=-FV(C12,C13,,C14)`

Here, we used a **(-)** sign in front of the **FV** function to convert the Future Value into a positive one.

- Finally, you will get your desired future value in Excel.

**Read More: **Calculate NPV for Monthly Cash Flows with Formula in Excel

### 3. Manually Calculating Future Value of Uneven Cash Flows in Excel

In the final method, we will Manually Calculate the Future Value in Excel. Follow the steps given below to do it on your own.

**Steps:**

- Firstly, select Cell
**D5**. - Then, insert the following formula.

`=C5*(1+$C$12)^($B$10-B5)`

Here, we used the conventional formula to calculate the Future Value given above. In the formula, Cell **C5 **is the Cash Flow, Cell **C12 **is the Interest Rate and the subtraction of Cell **B10 **and Cell **B5 **represents the Compounding Period.

- After that, press
**ENTER**to get the value of the future value. - Then, drag down the
**Fill Handle**tool to**AutoFill**the formula for the rest of the cells.

- Finally, you will get all the values to the future value for each time period.

- Next, select Cell
**C13**. - Then insert the following formula.

`=SUM(D5:D10)`

In the formula, we used the **SUM** function to add the values of Cell range** D5:D10**.

- Finally, you will get your desired Total Future Value of uneven cash flows in Excel by manually calculating.

**Read More: **How to Calculate Future Value in Excel with Different Payments

## Practice Section

In this section, we are giving you the dataset to practice on your own and learn to use these methods.

## Download Practice Workbook

## Conclusion

So, in this article, you will find 3 ways to calculate future value of uneven cash flows in Excel. Use any of these ways to accomplish the result in this regard. Hope you find this article helpful and informative. Feel free to comment if something seems difficult to understand. Let us know any other approaches which we might have missed here.

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