Future value of a single cash flow (annual compounding of interest) formula
Description of the Future value of a single cash flow (annual compounding of interest) formula
Formula for the calculation of the future value of a single cash flow with annual compounding of interest.
Formula
\[ FV_{N} = PV\left (1+i \right )^{N} \ \]
Symbols
\(i\ \)
Annual interest rate
\(N\ \)
Number of years
\(PV\ \)
Present value