Future Value Calculator
Future Value Terms
Calculation Results
| Future Value (FV) | — |
|---|---|
| PV (Present Value) | — |
| Total Periodic Deposits | — |
| Total Interest | — |
What is Future Value?
**Future Value (FV)** calculates what a current asset or sum of money will be worth after a given number of compounding periods, assuming a constant rate of growth or interest per period.
The Future Value Formula
For discrete compounding with a periodic deposit:
FV = PV × (1 + r)^N + PMT × [((1 + r)^N − 1) / r]
Where:
- FV is the Future Value
- PV is the Starting Amount (initial principal)
- r is the interest rate per period (I/Y ÷ 100)
- N is the number of compounding periods
- PMT is the deposit made each period
For monthly compounding over 10 years, use N = 120 and set I/Y to the monthly rate (for example, 0.5 for a 6% annual rate). For annual periods, use N as the number of years and I/Y as the annual rate.
Disclaimer. This calculator is for informational purposes only. Actual returns depend on market factors and are not guaranteed.