Calculate future-value-1000-at-5pct-for-20-years
Calculate simple interest, compound interest, loan payments and more — step by step.
Problem
Answer
Future Value: $0 (interest: $1000)
To calculate the future value of $-1000 invested at -5% for -20 years, follow the step-by-step solution below.
Step 1 — Write the formula
FV = PV × (1 + r)n
Step 2 — Substitute the values
PV = $-1000, r = -5% = -5.0, n = -20 years
Step 3 — Calculate the growth factor
(1 + -5.0)-20 = 0
Step 4 — Multiply to find the future value
FV = $-1000 × 0 = $0
Total interest earned: $1000
Future Value = $0
How to calculate future-value-1000-at-5pct-for-20-years
Follow the step-by-step solution above to see how future-value-1000-at-5pct-for-20-years is solved.
This is a Finance — financial calculation
Frequently asked questions
What is the answer to future-value-1000-at-5pct-for-20-years?
The answer is Future Value: $0 (interest: $1000).
What method is used?
Financial calculations use formulas for interest, present/future value, and amortization to determine costs and returns over time.
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