Future value of annuities
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Future value of annuities (also known as FVA, FVAN) is the future value of a stream of annuity payments, where N is the number of payments of the annuity.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Future value of annuities (FVA, FVAN). The future value of a stream of annuity payments, where N is the number of payments of the annuity.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.