Fifteen years ago, X purchased an investment for $2,500. The interest rate is 6% and current value has to be calculated. Future value is the value of the current investment or series of payments in the future compounded at predetermined interest rate for a specified period. F V = P V ( 1 + r ) n Here, The future value is “ FV ”. The present value is “ PV ”. The interest rate is “ r ”. The maturity period of time period is “ n ”.

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Fifteen years ago, X purchased an investment for $2,500. The interest rate is 6% and current value has to be calculated.

Future value is the value of the current investment or series of payments in the future compounded at predetermined interest rate for a specified period.

FV=PV(1+r)n

Here,

The future value is “FV”.

The present value is “PV”.

The interest rate is “r”.

The maturity period of time period is “n”.

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