Future value
Future value is the value of an asset at a specific date. It measures the nominal future sum of money that a given sum of money is worth at a specified time in the future assuming a certain interest rate. It is the present value multiplied by the accumulation function.
Variables
| Symbol | Quantity | Units | Description |
|---|---|---|---|
| Money | $ | Future Value | |
| Money | $ | Present Value | |
| Dimensionless | on | number of interest periods | |
| Interest Rate | % | Interest rate |
Solve
Python