Future Value Calculator
Results
Future Value: $0.00
Total Interest: $0.00
Results
Future Value: $0.00
Effective Annual Rate: 0.00%
Total Interest: $0.00
Results
Future Value: $0.00
Total Contributions: $0.00
Total Interest: $0.00
What is Future Value?
Future value is the value of an asset at a specific date in the future. It measures the nominal future sum of money that a given sum of money is “worth” at a specified time in the future assuming a certain interest rate or rate of return.
Simple Interest
With simple interest, interest is earned only on the original principal:
Where: FV = Future Value, PV = Present Value, r = Interest Rate, t = Time Period
Compound Interest
With compound interest, interest is earned on both the original principal and the accumulated interest:
Where: FV = Future Value, PV = Present Value, i = Interest Rate per Period, t = Number of Periods
Annuity
An annuity is a series of equal payments made at regular intervals:
Where: FV = Future Value, PMT = Payment Amount, r = Interest Rate per Period, n = Number of Periods