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This function calculates the value at period=nperiods of an amount given at period=0, when the interest rate is given by rate.

The futurevalue function carries an amount towards the future; the presentvalue function carries it towards the past.

Since futurevalue used to be part of the (now deprecated ) finance package, for compatibility with older worksheets, this command can also be called using finance[futurevalue]. However, it is recommended that you use the superseding package name, Finance, instead: Finance[futurevalue].

$\mathrm{with}\left(\mathrm{Finance}\right)\:$

$\mathrm{futurevalue}\left(1000\,0.06\,3\right)$

$1191.016000$

$1000{\left(1+0.06\right)}^3$

$1191.016000$

The Finance[futurevalue] command was introduced in Maple 15.

For more information on Maple 15 changes, see Updates in Maple 15 .