The compound amount of one refers to the value that $1 would grow to if it is left on deposit with interest allowed to compound over a period of time.
The future value is the value that a sum of money will have in the future when invested at compound interest. If the future value is *F*, and the present value is *P*, at an annual interest rate *r*, compounded annually for *n* years, the formula is *F = P*(1 + r)^n. This concept is crucial for understanding the growth of investments over time.
In financial mathematics, the future worth (or value) of one per period, also known as the compound amount of one per period, is the amount of money that an investment of one monetary unit will grow to after a certain number of periods at a constant rate of interest.
