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)).
EMV is an abbreviation for Europay, Mastercard and Visa, the three organizations that developed the initial specifications. EMV is an open-standard set of specifications for smart card payments and acceptance devices.