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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

\[ FV = a \frac{\left(1+i \right )^{n}-1}{i} \ \]

Symbols

\(a\ \)       
Annuity
\(i\ \)       
Equivalent periodic interest rate
\(n\ \)       
Number of periods