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Future Value - Fixed Interest

Last modified by
on
Jul 24, 2020, 6:28:07 PM
Created by
on
Nov 26, 2013, 7:30:03 PM
`FV = "PV" * ( 1+ "i" )^ "n" `
`(PV) Present Value`
`(i) "interest rate"`
`(n) periods`
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This formula provides the Future Value based on compounded interest at a fixed rate.  The inputs are as follows:

  1. (PV) Present Value - is the initial value prior to compounding interest
  2. (i) interest rate
  3. (n) the number of periods

 

Key words: Present  Future Value Fixed Interest Economics Loans Personal Finance


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