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Future value of a series of n cash flows placed at the end of each interest period for n periods formula

Description of the Future value of a series of n cash flows placed at the end of each interest period for n periods formula

Formula for calculating the future value Cn of a series of cash flows which are placed at the end of the each interest period for a number of n periods

Formula

FV=a(1+i)n1i 

Symbols

a        
Annuity
i        
Equivalent periodic interest rate
n        
Number of periods