Asked by Faith DeNoyer on May 10, 2024

verifed

Verified

Write the formula for finding the future value in n years of $x today.

Future Value

The value of an investment or a sum of money at a specified future date, accounting for specified interest rates or earnings over time.

  • Comprehend the computational procedures for analyzing the present and prospective monetary values.
verifed

Verified Answer

DM
Desiree' MonroeMay 17, 2024
Final Answer :
$x(1+ r)n