Home » Education » How to use the Future Value Formula by Dr. Paul Borosky, DBA, MBA

How to use the Future Value Formula by Dr. Paul Borosky, DBA, MBA

Written By Quality Business Plan by Dr. Paul Borosky on Sunday, Sep 15, 2013 | 03:22 PM

 
Want to know what your money will be worth years from now? In this tutorial, Dr. Paul Borosky, DBA, MBA breaks down the future value formula step by step — no shortcuts, no confusion. Using a simple $1,000 example invested at 8% for six years, you'll see exactly how to set up the formula, substitute your variables, and apply order of operations to get the right answer every time. What you'll learn: ✔ The future value formula: FV = PV × (1 + r)ⁿ ✔ How to convert interest rates from percent to decimal ✔ How to apply order of operations correctly ✔ How to interpret your result in plain English Great for: finance students, small business owners, and anyone making long-term investment decisions. #futurevalue #timevalueofmoney #tvm #finance #corporatefinance #financialliteracy #accounting #smallbusiness

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