Future value of money

Time Value Of money
Future value of money
The future value of a cash flow is the value a cash flow generates after being compounded at an interest rate for a
 specified number of periods.

Computing is the process of adding interest to previously earned interest. The future value of a cash flow is the result of compounding interest over time.

The calculate the future value of a cash flow , you must follow the future value of the time value of money equation.

In this equation,PV is the present value of the cash flow, i is the interest rate on the cash flow, and n is the number of compounding periods the cash flow will go through before it has matured.