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Future value of a single cash flow (sub-annual compounding of interest) formula

Description of the Future value of a single cash flow (sub-annual compounding of interest) formula

Formula allowing to calculate the future value of a single cash flow after N years, with m compounding periods per year.

Formula

\[ FV_{C^N} = C \left( 1+\frac{i}{m} \right )^{m \cdot N} \ \]

Symbols

\(C\ \)       
Start capital
\(i\ \)       
Annual interest rate
\(m\ \)       
Number of discount periods per year
\(N\ \)       
Number of years