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 formulas

Variables

FVGFuture value for Gradient payment (dimensionless)
GThe steadily increasing payment amount, that starts at G and increases by G for each subsequent period (dimensionless)
iThe discount rate, or the interest rate at which the amount will be compounded each period (dimensionless)
nThe number of periods (dimensionless)