|
Finance[futurevalue] - future value of an amount
|
|
Calling Sequence
|
|
futurevalue(amount, rate, nperiods)
|
|
|
Parameters
|
|
|
amount
|
-
|
amount at period = 0
|
|
rate
|
-
|
interest rate per period
|
|
nperiods
|
-
|
number of periods
|
|
|
|
|
|
Description
|
|
|
•
|
This function calculates the value at period=nperiods of an amount given at period=0, when the interest rate is given by rate.
|
|
•
|
The futurevalue() function carries an amount towards the future, the presentvalue() function carries it towards the past.
|
|
•
|
The command with(Finance,futurevalue) allows the use of the abbreviated form of this command.
|
|
•
|
Since futurevalue used to be part of the (now deprecated) finance package, for compatibility with older worksheets, this command can also be called using finance[futurevalue]. However, it is recommended that you use the superseding package name, Finance, instead: Finance[futurevalue].
|
|
|
|
Compatibility
|
|
|
•
|
The Finance[futurevalue] command was introduced in Maple 15.
|
|
|
|
Examples
|
|
I have 1000 U now. How much will that amount be in 3 years if I invest it at 6% per year?
|
>
|
|
|
>
|
|
|
| (1) |
This is the same as doing:
|
>
|
|
|
| (2) |
|
|
Download Help Document
Was this information helpful?
