During Europe's Dark Ages, in the Middle East and especially Iran, polymath poets such as Omar Khayyam continued to popularize this form of poetry, also known as Ruba'i, well beyond their borders and time. Michel de Nostredame (Nostradamus) used the quatrain form to deliver his famous prophecies in the 16th century.
DEFINITION of 'Future Value-FV'. The value of an asset or cash at a specified date in the future that is equivalent in value to a specified sum today. There are two ways to calculate FV: 1) For an asset with simple annual interest: = Original Investment x (1+(interest rate*number of years)).
â¢number_payments is the number of payments for the loan. â¢PV is the present value or principal of the loan. â¢FV is optional. It is the future value or the loan amount. outstanding after all payments have been made. If this. parameter is omitted, the PMT function assumes a FV value of.