---
title: "FV, NPV and IRR in Excel: practice exercises | PracticeExcel"
description: "Practice FV, NPV and IRR in a live spreadsheet. A savings plan, the net present value of a project and its rate of return."
canonical_url: "https://practiceexcelonline.com/practice/investments"
locale: en
meta:
  "og:description": "Practice FV, NPV and IRR in a live spreadsheet. A savings plan, the net present value of a project and its rate of return."
  "og:image": "https://practiceexcelonline.com/_og/d/c_Page%2Ctitle_~RlYsIE5QViBhbmQgSVJSIGluIEV4Y2VsOiBwcmFjdGljZSBleGVyY2lzZXM%2Cdescription_~UHJhY3RpY2UgRlYsIE5QViBhbmQgSVJSIGluIGEgbGl2ZSBzcHJlYWRzaGVldC4gQSBzYXZpbmdzIHBsYW4sIHRoZSBuZXQgcHJlc2VudCB2YWx1ZSBvZiBhIHByb2plY3QgYW5kIGl0cyByYXRlIG9mIHJldHVybi4%2Ceyebrow_Excel%2Bpractice%2Bexercises%2Csite_practiceexcel%2Cprops_eyJncmlkIjp7ImNvbHMiOlsiQSIsIkIiXSwicm93cyI6W3sibiI6MSwiY2VsbHMiOlsiU2F2aW5ncyBwbGFuIiwiVmFsdWUiXX0seyJuIjoyLCJjZWxscyI6WyJTYXZlZCBlYWNoIG1vbnRoIiwiNTAwIl19LHsibiI6MywiY2VsbHMiOlsiSW50ZXJlc3QgcmF0ZSBwZXIgeWVhciIsIjAuMDQiXX0seyJuIjo0LCJjZWxscyI6WyJZZWFycyIsIjEwIl19LHsibiI6NSwiY2VsbHMiOlsiQmFsYW5jZSBhdCB0aGUgZW5kIiwiIl19XSwidGFyZ2V0IjpbNCwxXX19%2Cp_Ii9wcmFjdGljZS9pbnZlc3RtZW50cyI%2Cs_wZmPj6fq7E_hygtf.png"
  "og:image:height": "600"
  "og:image:type": image/png
  "og:image:width": "1200"
  "og:title": "FV, NPV and IRR in Excel: practice exercises | PracticeExcel"
  "twitter:image": "https://practiceexcelonline.com/_og/d/c_Page%2Ctitle_~RlYsIE5QViBhbmQgSVJSIGluIEV4Y2VsOiBwcmFjdGljZSBleGVyY2lzZXM%2Cdescription_~UHJhY3RpY2UgRlYsIE5QViBhbmQgSVJSIGluIGEgbGl2ZSBzcHJlYWRzaGVldC4gQSBzYXZpbmdzIHBsYW4sIHRoZSBuZXQgcHJlc2VudCB2YWx1ZSBvZiBhIHByb2plY3QgYW5kIGl0cyByYXRlIG9mIHJldHVybi4%2Ceyebrow_Excel%2Bpractice%2Bexercises%2Csite_practiceexcel%2Cprops_eyJncmlkIjp7ImNvbHMiOlsiQSIsIkIiXSwicm93cyI6W3sibiI6MSwiY2VsbHMiOlsiU2F2aW5ncyBwbGFuIiwiVmFsdWUiXX0seyJuIjoyLCJjZWxscyI6WyJTYXZlZCBlYWNoIG1vbnRoIiwiNTAwIl19LHsibiI6MywiY2VsbHMiOlsiSW50ZXJlc3QgcmF0ZSBwZXIgeWVhciIsIjAuMDQiXX0seyJuIjo0LCJjZWxscyI6WyJZZWFycyIsIjEwIl19LHsibiI6NSwiY2VsbHMiOlsiQmFsYW5jZSBhdCB0aGUgZW5kIiwiIl19XSwidGFyZ2V0IjpbNCwxXX19%2Cp_Ii9wcmFjdGljZS9pbnZlc3RtZW50cyI%2Cs_wZmPj6fq7E_hygtf.png"
---

> Index of every page on this site: [llms.txt](https://practiceexcelonline.com/llms.txt)

# **Investments: FV, NPV and IRR practice exercises**

What savings grow to, what future cash flows are worth today and the return an investment makes: the three formulas behind most finance test questions.

[**Start the first exercise**](https://practiceexcelonline.com/practice/investments/fv-savings)

FV(IRR(NPV(

1. [**1****What savings grow to with FV**In B5, work out what the savings grow to with FV: the monthly rate, the number of months and the monthly deposit as money going out, FV(B3/12,B4\*12,-B2).](https://practiceexcelonline.com/practice/investments/fv-savings)
2. [**2****Net present value with NPV****Premium**In E2, work out the project's net present value at the rate in E1. NPV discounts every value it gets, so give it years 1 to 4 and add the year 0 investment after: NPV(E1,B3:B6)+B2.](https://practiceexcelonline.com/practice/investments/npv-net-present-value)
3. [**3****Rate of return with IRR****Premium**In E1, work out the project's internal rate of return with IRR. Give it every cash flow, starting with the year 0 investment.](https://practiceexcelonline.com/practice/investments/irr-rate-of-return)

## **Functions in this topic**

- [**FV**](https://practiceexcelonline.com/functions/fv)
- [**IRR**](https://practiceexcelonline.com/functions/irr)
- [**NPV**](https://practiceexcelonline.com/functions/npv)

```json
{"@context":"https://schema.org","@graph":[{"@id":"https://practiceexcelonline.com/#identity","@type":"Organization","name":"PracticeExcel","url":"https://practiceexcelonline.com/","logo":{"@id":"https://practiceexcelonline.com/#logo"}},{"@id":"https://practiceexcelonline.com/#website","@type":"WebSite","inLanguage":"en-US","name":"PracticeExcel","url":"https://practiceexcelonline.com/","alternateName":["Practice Excel Online","PracticeExcelOnline.com"],"publisher":{"@id":"https://practiceexcelonline.com/#identity"},"workTranslation":{"@id":"https://excelopgaver.dk/#website"}},{"@id":"https://practiceexcelonline.com/practice/investments#webpage","description":"Practice FV, NPV and IRR in a live spreadsheet. A savings plan, the net present value of a project and its rate of return.","name":"FV, NPV and IRR in Excel: practice exercises","url":"https://practiceexcelonline.com/practice/investments","@type":["WebPage","CollectionPage"],"breadcrumb":{"@id":"https://practiceexcelonline.com/practice/investments#breadcrumb"},"isPartOf":{"@id":"https://practiceexcelonline.com/#website"},"potentialAction":[{"@type":"ReadAction","target":["https://practiceexcelonline.com/practice/investments"]}],"primaryImageOfPage":{"@id":"https://practiceexcelonline.com/#logo"}},{"@id":"https://practiceexcelonline.com/practice/investments#breadcrumb","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","name":"Home","item":"https://practiceexcelonline.com","position":1},{"@type":"ListItem","name":"Excel practice exercises","item":"https://practiceexcelonline.com/practice","position":2},{"@type":"ListItem","name":"FV, NPV and IRR in Excel: practice exercises","position":3}]},{"@id":"https://practiceexcelonline.com/#logo","@type":"ImageObject","caption":"PracticeExcel","contentUrl":"https://practiceexcelonline.com/brand/practiceexcel/icon-512.png","inLanguage":"en-US","url":"https://practiceexcelonline.com/brand/practiceexcel/icon-512.png"}]}
```

## Sitemap

See the full [sitemap](https://practiceexcelonline.com/sitemap.md) for all pages.
