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If you wanted to receive $10,000 in 3 years, how much money would you need, if the investment earns 10%? Present Value (PV): PV=FV(1+r) n

If you wanted to receive $10,000 in 3 years, how much money would you need, if the investment earns 10%?

Present Value (PV): PV=FV(1+r)ⁿ

FV= Future Value r= Interest Rate, n= Number of Periods

The current worth of a future sum of money or cash flow streams of a specific rate of return. Mathematically, this calculation shows that the future value (FV) is equal to the present value (PV) plus the additional interest you earn.

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