Future value represents the worth of a current asset, investment, or cash flow at a specific date in the future based on an assumed rate of growth. It’s the opposite of present value, which ...

By using this formula, you can determine the total value your series of regular investments will reach in the future, considering the power of compound interest. Therefore, the future value of ...

It's sometimes erroneously attributed to Albert Einstein. The rule of 72 is a simplified version of the future value formula, which calculates how much a sum of money will be worth in the future ...

To constrict the explanation, the future value concept helps individuals to make a reasonable estimate of what their savings and investments would be worth at the end of a few years. A future ...