Future value for Gradient payment
Description
Future value is the value of an asset at a specific date. It measures the nominal future sum of money that a given sum of money is “worth” at a specified time in the future assuming a certain interest rate, or more generally, rate of return. Gradient (G) is a steadily increasing payment amount, that starts at G and increases by G for each subsequent period.
Related formulasVariables
FVG | Future value for Gradient payment (dimensionless) |
G | The steadily increasing payment amount, that starts at G and increases by G for each subsequent period (dimensionless) |
i | The discount rate, or the interest rate at which the amount will be compounded each period (dimensionless) |
n | The number of periods (dimensionless) |