Future Value (FV)

Tax Glossary Definition

Future Value (FV)

Future Value (FV) Future Value is the projected value of an investment after a specified period, considering interest earned or compounding over time. It helps in estimating how much an investment made today will grow in the future.

Example: An investment of ₹1,00,000 at 6% annual interest will grow to approximately ₹1,34,000 in 5 years

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