Defining future value equation terms. Write out the equation to find the future value of a single amount, and define each of the terms in it. Multiple compounding periods in a year. How should the...

Defining future value equation terms. Write out the equation to find the future value of a single amount, and define each of the terms in it.

Multiple compounding periods in a year. How should the future value equation be modified when compounding occurs more frequently than annually?