How to calculate Future Value of a Lump Sum (single amount) | Formula with Examples

In this lesson, we explain what the Future Value of a lump sum is and the formula to calculate the future value (FV) of a lump sum. We also explain and go through examples of how to calculate the future value (FV) of a lump sum when there is compounding. We go through various examples with compounding annually (yearly), compounded quarterly, and compounded semi-annually.
Other Time Value of Money Examples:
Present Value Formula Lump Sum (single amount) | Formula with examples: • Present Value Formula ...
Future Value of an Ordinary Annuity | Formula with Examples: • Future Value of an Ord...
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[@kelaniadetifenike8245]

thank you so much...this is much easier especially since you explain steps by steps and not just going straight to solving.

[@TANUGUPTA-ni5cy]

How to calculate the sum