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Future Value - (decimal input)

Last modified by
on
Jul 24, 2020, 6:28:07 PM
Created by
on
Mar 15, 2014, 4:26:59 PM
FVn=PV(1+r)n
PV
n
r

This equation calculates the future value of today's sum after n compounding periods.

INPUTS

This equation computes a Future Value based on compounded interest at a fixed rate.  The inputs are:

  • S - the starting Sum or present value of the loan
  • r - the yearly interest rate expressed as a decimal (i.e, 7.9% is 0.079 as input)
  • n - the number of months compounding interest

This equation, Future Value - (decimal input), is used in 2 pages
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