Future value of present sum

Input(s)

iei_{e}: Effective Interest or Discount Rate (fraction)

t\mathrm{t}: Time (year)

PvP_{v}: Present Value of Future Sum (currency unit)

Output(s)

FvF_{v}: Future Sum Received at Time t\mathrm{t} (currency unit)

Formula(s)

Fv=Pv((1+ie)t)\mathrm{F}_{\mathrm{v}}=\mathrm{P}_{\mathrm{v}} *\left(\left(1+\mathrm{i}_{\mathrm{e}}\right)^{\mathrm{t}}\right)

Reference(s)

Mian, M. A. 2011. Project Economics and Decision Analysis Volume 1: Deterministic Models, Second Edition. Tulsa, Oklahoma: PennWell Corporation. Chapter 2, Page: 44.


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