FUTURE VALUE OF MONEY

Use this tab to determine the future value of money. Enter any three values (initial value, annual interest rate, number of periods, or future value) to obtain the fourth.

Input

Initial Value

Select this radio button to determine the initial value. If you select this radio button, you must enter the annual interest rate, the number of periods, and the future value in the fields below the appropriate radio buttons.

Annual Interest Rate

Select this radio button to determine the annual interest rate. If you select this radio button, you must enter the initial value, the number of periods, and the future value in the fields below the appropriate radio buttons.

Number of Periods

Select this radio button to determine the number of periods. If you select this radio button, you must enter the initial value, the annual interest rate, and the future value in the fields below the appropriate radio buttons.

Future Value

Select this radio button to determine the future value. If you select this radio button, you must enter the initial value, the annual interest rate, and the number of periods in the fields below the appropriate radio buttons. This is the default selection.

Table Window

This table is non-editable.

Initial Value

This field displays the initial value.

Annual Interest Rt

This field displays the annual interest rate.

Number of Periods

This field displays the number of periods.

Future Value

This field displays the future value.

Period Definitions

Months

Select this radio button to define your period length in months. This is the default selection.

Years

Select this radio button to define your period length in years.

Calculate

Use this pushbutton to calculate the value you have chosen.

Clear

Use this pushbutton to clear the table of existing values.