Future Value of a Single Amount Calculation Examples, Concepts, Illustrations, Sample Help Online
Looking for Future Value of a Single Amount Calculation Examples, Illustrations and Calculation help to do your assignments, homework or project then you are at the correct place.
Understanding the concept of Future Value of a Single Amount Calculation Examples
When a sum of money is invested on a given date at the given rate of interest then the future value of that sum of money will increase. This is because future value is the present value plus compound interest.
We can calculate the future value of a single sum of money by using the following formula
Future Value (FV) = Present Value (PV) × (1 + i)n
i is the interest rate per compounding period; and
n is the number of compounding periods.
Services We Offer
Services Provided for Accounting
Accounting always put student on worries and stress. But with Assignment Consultancy for your help, you can remove all your worries by going through our various services:-
- Financial Accounting Homework Help
- Accounting Assignment Help Online
- Financial Accounting Assignment Help
- Managerial Accounting Homework Help
- Do my accounting Homework
- Accounting Case Study Assignment Help
- Finance accounting case studies assignment help
- Taxation homework help
- US tax codes homework help
- Advance Accounting homework help
- Cost Management Homework Help
- Australian Taxation Assignment help
- Ratio analysis assignment help
- Accountancy online exam help
- Accounts online exam help
Features for Accounting Assignment Help Services
We believe in providing no plagiarism work to the students. All are our works are unique and we provide Free Plagiarism report too on requests.
Best Customer Service
Our customer representatives are working 24X7 to assist you in all your assignment needs. You can drop a mail to firstname.lastname@example.org or chat with our representative using live chat shown in bottom right corner.
Three Stage Quality Check
We are the only service providers boasting of providing original, relevant and accurate solutions. Our three stage quality process help students to get perfect solutions.
All our works are kept as confidential as we respect the integrity and privacy of our clients.
Most of our clients are from UK, USA, Australia, Canada , UAE, New Zealand, Doha, Qatar, Muscat, Netherlands, France, Italy, Great Britain, Singapore, Malaysia looking for quality and accurate solutions.
Yash Batra, Student , UK University
“Great Experts to provide real time Accounts help services. They are just best in their approach”
Reham Fayad, Student MBA, USA
“They have some of the best USA experts to provide Accounts help online and also help me in my online exams.”
Graham Golith, Lancashire University, UK
“Best place to get all help in Accounts Essay and Exams. Will definitely recommend to all”
Future Value of a Single Amount Calculation Examples Explanation
Let’s understand the concept with the help of an example.
Example 1: An amount of $10,000 was invested on Jan 1, 2011 at annual interest rate of 8%. Calculate the value of the investment on Dec 31, 2013. Compounding is done on quarterly basis.
Present Value PV = $10,000
Compounding Periods n = 3 × 4 = 12
Interest Rate i= 8%/4 = 2%
Future Value FV = $10,000 × (1 + 2%)^12
= $10,000 × 1.02^12
≈ $10,000 × 1.268242
If you are looking for similar Future Value of a Single Amount Calculation Examples type assignment, click here . You can visit us for more examples here.