Future Value for Single Present Value can be found by multiplying the present value or initial principal with (1 + i)n. Future value with single payment formula is a formula required to calculate future value. The below section of this page shows you the FV formula which guides you to calculate the future worth of your sum of money. Here "i" denotes the interest rate per compounding period and "n" denotes the number of compounding periods.
The concept of above FV formula is the present value multiplied by the accumulation function. Future value assess the nominal future sum of money that a particular sum of money is worth at a specified time in the forth coming period.