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28 May, 00:31

The name for computations that allow you to determine how much money to deposit now to earn a desired amount in the future is

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  1. 28 May, 04:02
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    Future value

    Explanation:

    The name for computation that allows you to determine how much money to deposit now to earn a desired amount in the future is "Future value." Future value is the equivalent of an asset at a particular date. It estimates specific nominal future sum of cash that an invested sum of money is "worth" at a stipulated period in the future considering a specific interest rate, or more commonly, rate of interest; it is the immediate price multiplied by the aggregation function.
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