Finance

Future Value Calculator

Project how a present amount grows at a periodic rate.

Future value

Worked example

Present value $1,000, 5% per period, 10 periods: FV = 1000 × (1.05)^10 ≈ $1,628.89.

\[ FV=1000(1.05)^{10}\approx 1628.89 \]

FAQ

Is the rate annual or per period?

The rate field is per compounding period, matching n. If you have a 6% annual rate with monthly compounding, use 0.5% per period and 12 periods per year (or convert before you enter values).

Does this include extra deposits?

No. This is a single present amount. For recurring deposits, use an investment / annuity-style calculator.

Sources

Assumptions and limitations

Finance results are illustrative. They typically omit taxes, fees, prepayment penalties, and product rules, and they are not investment or lending advice.

The formula assumes a constant rate and no fees or taxes.

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