Provide a definition of future value (FV).

Future Value

The value of a current asset or amount of money at a specified time in the future, accounting for interest or capital gains.

A financial term representing the future value of an investment, accounting for factors like interest rates and time.

Grasp the basic definitions of critical financial ideas like present value, future value, discount rate, compounding, compound interest, and simple interest.

Verified Answer

Final Answer :

The amount an investment is worth after one or more periods. Also compound value.

Learning Objectives

Grasp the basic definitions of critical financial ideas like present value, future value, discount rate, compounding, compound interest, and simple interest.