FVSCHEDULE(principal,rate1<,rate2...>)

`principal`Numeric. The amount of the initial investment.

`rate1, rate2...`Numeric. Specifies a series of variable compound interest rates for equal length periods.

Numeric.

To calculate the future value of a $1000 investment at variable interest rates of 10 percent for the first year, 9 percent for the second year, and 7 percent for the third year:

`FVSCHEDULE(1000, 0.1, 0.09, 0.07)`

returns **1282.93**.