Sigue Global Services Limited is authorized with the Financial Conduct Authority under payment Services Regulations 2009, registration no: 505069 for the provision of payment services in the. For example, the value of 5,000 one year from today, compounded at 7 interest, is: PV 5,000 / (1 (7 / 1) (1 x 1) 4,673.
You must fill out form. Speak with your financial institution before you come to Canada about currency laws and regulations in Canada and in the country you are leaving. This shows TVM depends not only on interest rate and time horizon, but how many times the compounding calculations are computed each year.