Future Value Formula Link -

The standard formula for calculating the future value of a single lump-sum investment with compound interest is:

FV=PV×[1+(r×n)]cap F cap V equals cap P cap V cross open bracket 1 plus open paren r cross n close paren close bracket . future value formula

: The periodic interest rate (expressed as a decimal). n The standard formula for calculating the future value

FV=PMT×(1+r)n−1rcap F cap V equals cap P cap M cap T cross the fraction with numerator open paren 1 plus r close paren to the n-th power minus 1 and denominator r end-fraction : The dollar amount of each periodic payment. Why the Future Value Formula Matters future value formula