3-5 Future values FV=$100×(1+r) Example- FV What is the future value of $100 if interest is compounded annually at a rate of 6%0 for five years? Irwin/McGraw-Hill CThe McGraw-Hill Commpanies, Inc, 2001©The McGraw-Hill Companies, Inc.,2001 3- 5 Irwin/McGraw-Hill Future Values FV r t = $100  (1+ ) Example - FV What is the future value of $100 if interest is compounded annually at a rate of 6% for five years?