Future Value

What is the Future Value?

Future value is the amount to which a series of cash flows would grow when it is credited at the interest rate.

$$Future\; Value=CF_1(1+r)^4+CF_2(1+r)^3+CF_3(1+r)^2+CF_4(1+r)^1+CF_5$$

$CF$ is the cash flow.

$r$ is the interest rate.