matician - v2.0.0
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    Function futureValue

    • Calculates the future value of a present amount using compound interest.

      Parameters

      • presentValue: number

        The current amount.

      • rate: number

        The interest rate per period (as a decimal, e.g., 0.05 for 5%).

      • periods: number

        The number of compounding periods.

      Returns number

      The future value.