Basic Time Value Concepts More generally, PV FV n periods Interest rate i Future Value = PV (1+i)n = PV (Future value factor) FVF =((1+i)n + From future value table FVFni= future value factor for n periods at i interest n = number of periods i = rate of interest for a single period 6-5 Basic Time Value Concepts More generally, PV FV n periods Interest rate i Future Value = PV (1+i)n = PV (Future value factor) FVF =((1+i)n + From future value table FVFni= future value factor for n periods at i interest n = number of periods i = rate of interest for a single period 6-5