<P> This is the well known Gordon Growth model used for stock valuation . </P> <P> The future value of an annuity (FVA) formula has four variables, each of which can be solved for: </P> <Dl> <Dd> F V (A) = A ⋅ (1 + i) n − 1 i (\ displaystyle FV (A) \, = \, A \ cdot (\ frac (\ left (1 + i \ right) ^ (n) - 1) (i))) </Dd> </Dl> <Dd> F V (A) = A ⋅ (1 + i) n − 1 i (\ displaystyle FV (A) \, = \, A \ cdot (\ frac (\ left (1 + i \ right) ^ (n) - 1) (i))) </Dd>

Short note on time value of money in financial management