In this lesson, we explain what the Future Value of a lump sum (single amount) is and how to calculate the future value (FV) of a lump sum (single amount) using the financial calculator Sharp EL 738. We also explain and go through examples of how to calculate the future value (FV) of a lump sum (single amount) when there is compounding using the financial calculator Sharp EL-738. We go through various examples with compounding annually (yearly), compounded quarterly, and compounded semi-annually.
Other lessons using the financial calculator Sharp EL-738: https://www.youtube.com/playlist?list=PLP0Gzx94dL32EFRlkJONix8nZ96yJDRPY
Present Value of a Lump Sum (Single amount) | Financial Calculator Sharp EL-738: https://youtu.be/XikVMx4JZWM
How to calculate Future Value of a Lump Sum (single amount) | Formula with Examples: https://youtu.be/DqX4qN3-TE0
Future Value of an Ordinary Annuity | Formula with Examples: https://youtu.be/me_jIxciNz0
Time Value of Money | Explained with Examples | Finance: https://www.youtube.com/watch?v=iAjFe-V-c18&list=PLP0Gzx94dL33BOBmio-8qNdUbJaowzD9w
Check out other straight-forward examples on our channel.
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