Future Value Calculator

Calculate future value (FV) from a present value (PV) or from an annuity of payments. Enter rate as annual percentage (e.g. 7 for 7%).

Mode Single Present Value (PV) Annuity (series of equal payments)

Present Value (PV)

Periodic Payment (for annuity)

Annual Interest Rate (%)

Number of Periods (n - years)

Compounding per year Annual Semi-annually Quarterly Monthly Daily Continuous compounding

Future Value:

Formula (single PV): FV = PV × (1 + r/m)^(n*m). For continuous: FV = PV × e^{r*n}. For annuity (payments at period end): FV = P × ((1 + r/m)^{n*m} - 1) / (r/m).

Tip: leave fields you don't need blank (e.g. PV when calculating FV of an annuity).

 

Future Value Calculator

 (Estimate how much your money will grow over time with compound interest!)

 Enter the specifics of your investment: Initial Investment (Principal): $_______ (amount you start with)

 Monthly Contribution: $_______ (optional; regular savings)

 Investment Timeframe: _______ years (e.g., 10, 20, 30 years)

 Expected Annual Return (%): _______% (e.g., 7% for stock market average)

 Frequency of Compounding: Monthly, quarterly, annually, and daily Calculate Your Future Value:

 📈 Total Invested: $_______ (principal + contributions)

 💰 Future Value: $_______ (total projected growth!)

 🚀 Interest Earned: $_______ (future value – total invested)

 (How much your money could grow over time!)

 How It Works:

 Formula for compound interest: FV = P × (1 + r/n)^(nt) + (PMT × [(1 + r/n)^(nt) – 1]/(r/n))

 P = Principal, *r* = annual rate, *n* = compounding periods/year, *t* = years, PMT = monthly contribution.

 Example (5-Year Investment):

 Initial: $10,000 | Monthly: $100 | Return: 7% | Compounded Monthly

 Future Value: ~$18,240 (Interest earned: ~$2,240)

 Important Factors: Time: More time equals an exponential increase. Contributions: Making regular deposits improves outcomes. Rate of Return: Higher % = faster growth (but riskier).

 Why It Matters:

 Planning for Retirement: Examine the development of 401(k) and IRA contributions. ✔ Goal Savings: Calculate for a house, education, or big purchase.

 ✔ Debt Payoff: Compare investing vs. paying off loans.

 Try It:

 🔹 $5,000 + $50/month for 20 years at 6% → $_______

 🔹 $20,000 lump sum for 30 years at 8% → $_______

 (Note: Adjust for inflation—today’s $1M ≠ future $1M!)

 Tip: Use “Rule of 72” to estimate doubling time (e.g., 7% return ≈ 10.2 years).

 Need help with your numbers?  Share your information! 😊

 (For advanced scenarios, try Investor.gov’s calculator.)