Information > Financial Terms > This page Future Value The future
value (amount) of a single sum at compound interest is the original amount
plus the compound interest thereon, stated as of a specific future date.
Selections from a future value of one table is presented here:
For Example, what will be the amount in a savings account on December 31, 1990, if $10,000 is invested at 14 percent interest on December 31, 1986? Using a Future Amount of 1 Table for i = 14 percent and n = 4, the future amount can be computed as follows: $10,000 x 1.68896 = $16,889.60. Back to Information |