Future Value (FV) is a financial concept that estimates how much an investment made today will grow over a specific period at a given interest rate. It helps individuals and businesses understand the potential worth of their money in the future, considering factors like inflation and interest rates. 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 calculation is essential for making informed investment decisions and planning for long-term financial goals.