What is the formula for determining the future value

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Reference no: EM13679098

What is the formula for determining the future value of an amount?

This formula from the book,
f = p x f ( i, n)

n = Number of periods during which the compounding occurs
p = Present value of future sum
f = Future value of present sum
i= interest rate per period

this is the formula you gave , Which one is the correct one

FV = C0 * (1 + r) n
Here;
C0 = Cash Flow at period 0
r = Rate of Return
n= Number of periods

Reference no: EM13679098

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