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Value of invested money on specific date in the future.
Can be calculated at simple or compounded interest ratio.

If you invest $1.000 for 5 years period, using calculations:

1. Simple Interest Rate 10%

FV=1000 * (1+(interest rate*number of years))
After 5 years you will have $1500.

2. Compounded Interest Rate 10%

FV=1000 * ((1+interest rate)*number of years)
After 5 years you will have $1610.