What is the future value interest factor What is the formula for determining the future value of a single dollar amount when using the future value interest factor table What information must be known in order to find the correct future value interest factor ...

The future value interest factor FVIF is a factor ...

What is the future value interest factor? What is the formula for determining the future value of

Question:

What is the interest factor? What is the formula for determining the of a single dollar amount when using the interest factor table? What information must be known in order to find the correct interest factor?
Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...