Future value, abbreviated as FV, is the value of an investment at a point in the future based on the rate at which that investment is estimated to grow.
Future Value Formula |
\( FV \;=\; \dfrac{ PV }{ \left(1 + i \right)^n } \) |
Symbol |
\( FV \) = future value |
\( PV \) = present value |
\( i \) = intrest rate |
\( n \) = number of period |