FV, or Future Value, is a financial concept that calculates the worth of an investment at a specific point in the future, based on an assumed rate of growth. It helps investors understand how much their money can grow over time, considering factors like interest rates and compounding. To calculate FV, you can use the formula: FV = PV × (1 + r)^n, where PV is the present value, r is the interest rate, and n is the number of periods. This formula allows individuals and businesses to make informed decisions about savings and investments.