Future Value

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

\(\large{ FV =   \frac{ PV }{  \left(1 \;+\; i \right)^n  }   }\)

Symbol

\(\large{ FV }\) = future value

\(\large{ PV }\) = present value

\(\large{ i }\) = intrest rate

\(\large{ n }\) = number of period