What is the future value formula with contributions and how can it be used to calculate the growth of an investment over time?

The future value formula with contributions calculates the value of an investment in the future, taking into account regular contributions made over time. It can be used by plugging in variables such as the initial investment amount, the interest rate, the frequency of contributions, and the time period. By using this formula, investors can estimate how much their investment will grow over time, helping them make informed decisions about their financial goals.