How to use the Future Value Formula by Dr. Paul Borosky, MBA.

This video shows the step-by-step process to calculating the future value of a dollar amount. From Dr. Paul Borosky, MBA.
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[@OoOMonkeyCoFreakOoO]

Thank you! my professor gets really excited about fiance that he forgets most of us are not majoring in that concentration so he speaks fast in only in terms accounting and finance majors understand.

[@QualityBusinessConsultant]

Most welcome!!

[@ludemaravalcin2923]

Thank you so much teacher, more easier to understand the way you explain it.

[@QualityBusinessConsultant]

You are welcome!

[@missgonzalez2253]

THANK YOU SOOOOO MUCH!!!! I couldn't figure out how to calculate n on paper. Literally spent the last 1.5 hours on Google. This is a tremendous help. ❤

[@QualityBusinessConsultant]

Glad it helped!

[@hannahaguilar435]

It has been so long since I've had to do any kind of math, this was so helpful and a lot more helpful than reading it from a book. Thank you. How do you include adding an annuity into the equation? That's more confusing to me.

[@QualityBusinessConsultant]

Most welcome! And, good question, that would be FV=PMT[((1+i)^n-1)/i]. Hope this helps.

[@Beartvindia]

thank youu sir love from india

[@QualityBusinessConsultant]

Most welcome!!

[@dtrivedi1760]

I was looking to understand this. this video is very helpful. thank you for great explanation.

[@QualityBusinessConsultant]

You are welcome!

[@QualityBusinessConsultant]

Most excellent!!

[@KekeChannel0215]

How to find the future value manually?

[@Sweetdreamz313]

This helped me so much :)

[@QualityBusinessConsultant]

Excellent!

[@millierodriguez1188]

THANK YOU SO MUCH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1

[@QualityBusinessConsultant]

Most welcome!

[@iaiacorreia]

thank you for help me in my homework.

[@olesyam7434]

i wish this was longer

[@QualityBusinessConsultant]

Check out my Future value video using Excel. I think that one is longer.

[@elvykelly3063]

1000 x 1.5869 = 1586.9 not 1, 586.74

[@MVK_GS]

Yep. That is exactly what I came up with.

[@jasonholliday1197]

same here

[@andreaborowski3913]

this is great i just dont know how to put it into the financial calculator

[@QualityBusinessConsultant]

Thank you. As for entering it into a calculator... It really depends on your finance calculator brand.

[@cruzslee]

What if the time is in months? Is my power going to be 4/12?

[@americlovestrump9391]

Awesome. Thank you!!

[@QualityBusinessConsultant]

Most welcome! Check out some of my books on Amazon too.
www.amazon.com/author/paulborosky

[@cloudy1152]

This is so much helpful thanks a lot
^ ^

[@QualityBusinessConsultant]

Glad it helped!

[@MommyArsh]

REALLY EASY TO UNDERSTAND AND HELPFUL. THANK YOUU!!

[@QualityBusinessConsultant]

You're very welcome!

[@chunginh3169]

The video sound is pretty good, beyond my imagination

[@QualityBusinessConsultant]

Thanks! Best of luck.

[@kristinemayolayres7215]

how you get the yearly value?

[@megananema467]

I am struggling with this future value question on my test: "Calculate the future value on 31st December 2023, when you invest €2,000 per year in your account, starting 1st of January 2019 for the next five years, assuming an annual interest rate of 7%." What I did was €2,000 * 1.07ˆ5 but this is not correct. Can anybody help me?

[@aryayudha6414]

€2,000 per year (not €2,000 starting deposit) meaning you have to use FVIFA (FVIF Annuity) because annual payment instead of FVIF which is explained in this video.

[@Paperbackbible]

its only asking for the FV for dec 2023 thats 4 years not 5

[@unathinxumalo1]

THANK YOU

[@QualityBusinessConsultant]

Most welcome!

[@anuraj5386]

Is this formula applicable for inflation rate calculation?

[@mitejera]

Thanks a lot Prof. You do for me the more clear and short explanation of this exercise. Do you have one exercise of NPV or Net present value? Thanks again. Miguel Tejera, DBA program student.

[@Pb02-t1t]

How 74 cents come if we multiply that value

[@YoungKavelie]

Thanks bro. that was very helpful.

[@QualityBusinessConsultant]

Glad it helped

[@QualityBusinessConsultant]

[@iltanoia6865]

how to calculate yearly payments?

[@hoowonn]

Thank you!

[@QualityBusinessConsultant]

You're welcome!

[@Roshantrkumar]

Thanks broo

[@QualityBusinessConsultant]

Welcome

[@najamusman2095]

Thanks

[@straycatcrest1813]

thanks im using this for a program which is a project

[@jasonholliday1197]

1000 x 1.5869 = 1,586.9 not 1,586.74. Otherwise this video was most helpful!

[@QualityBusinessConsultant]

Glad it helped!

[@Grosch1701]

really??? you're going to end the video right there??