What is the future value of $1000 deposited for one year?
Excuse me, but I'm curious about the future value of an investment. Specifically, I'm wondering what the potential return would be if I were to deposit $1000 for a period of one year. Could you please elaborate on the factors that would influence this value, such as interest rates, market conditions, and any potential risks involved? I'm eager to gain a better understanding of how this investment might grow over time.