Future value (F)
—
- F
- future value
- A
- uniform amount per period
- i
- interest rate per period
- n
- number of periods
Worked example · $5,000 saved each period at 5% for 7 periods reaches $40,710.
Eq.03 · Uniform series
Series Compound Amount
Adds up a steady payment made every period, with each deposit compounding until the end, to find the total accumulated.
F = A [(1 + i)^n - 1] / i