Future value of a series of n cash flows placed at the start of each interest period for n periods formula
Description of the Future value of a series of n cash flows placed at the start 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 start of the each interest period for a number of n periods
Formula
\[ FV = a \cdot \frac{\left(1+i \right )^{n}-1}{i} \cdot \left( 1 + i \right) \ \]
Symbols
\(a\ \)
Annuity
\(i\ \)
Equivalent periodic interest rate
\(n\ \)
Number of periods