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LSDefine

Simple English definitions for legal terms

future value

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A quick definition of future value:

Future value refers to the amount of money that a present sum or a series of payments will be worth at a specific interest rate in the future. It's like predicting how much money you will have if you save or invest it for a certain amount of time. For example, if you save $100 today and the interest rate is 5%, the future value of that money in one year will be $105. Future value helps people plan for their financial future and make smart decisions about saving and investing.

A more thorough explanation:

Definition: Future value is the value of a sum of money or a series of payments at a specific interest rate at some point in the future.

For example, if you invest $100 today at an interest rate of 5%, the future value of that investment after one year would be $105.25. This means that if you leave the $100 invested for one year, it will be worth $105.25 at the end of the year.

Another example is if you make monthly payments of $100 into a savings account that earns 3% interest per year. After 5 years, the future value of your payments would be $6,116. This means that if you continue to make monthly payments of $100 for 5 years, you will have $6,116 in your savings account at the end of the 5 years.

Future value is important in financial planning because it helps you understand how much your money will be worth in the future and how much you need to save or invest to reach your financial goals.

future use | FWC

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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