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how to calculate compound interest and future value. Then interest for the current year is calculated on the principal plus the accumulated interest. FV is simply what money is expected to be worth in the future.
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To calculate continuous interest use the formula where FV is the future value of the investment PV is the present value e is Eulers number the constant 271828 i is the interest rate and t is the time in years. FV PV 1 rn. The future value formula with compound interest looks like this.
This formula expresses the basic mathematics of compound interest.
To do the same the steps are. FV PV 1i t. FV is simply what money is expected to be worth in the future. Future Value Of Lump Sum.
