Also referred to as FV factor or the future amount of one, the future value factor is a calculation used to determine the future value of 1 unit today, n number of periods into the future. It is equal to (1 + r)^n, wherein r is the rate per period and n is the number of periods into the future.
Future Value Factor
Also referred to as FV factor or the future amount of one, the future value factor is a calculation used to determine the future value of 1 unit today, n number of periods into the future. It is equal to (1 + r)^n, wherein r is the rate per period and n is the number of periods into the future.
