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" `
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This formula provides the Future Value based on compounded interest at a fixed rate. The inputs are as follows:
- (PV) Present Value - is the initial value prior to compounding interest
- (i) interest rate
- (n) the number of periods
Key words: Present Future Value Fixed Interest Economics Loans Personal Finance
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