The Future Value (FV) Calculator is a fundamental financial tool that allows you to project how much an investment made today will be worth at a specific point in the future. It demonstrates the power of compounding, where your investment earns a return, and that return then starts earning its own return. This calculator is perfect for financial planning, whether you are saving for a long-term goal like retirement, a down payment on a house, or simply want to see how your savings can grow over time. Using the calculator is very simple. You will need to provide three pieces of information. First, enter the 'Present Value (PV)', which is the initial amount of money you are investing today. Second, input the 'Interest Rate' per period as a percentage. This is the rate of return you expect to earn on your investment. Ensure that the period of the interest rate matches the period you are calculating (e.g., an annual rate for a number of years). Third, specify the 'Number of Periods' you plan to let the investment grow. After entering these values, click the 'Calculate Future Value' button. The tool will apply the future value formula, FV = PV * (1 + r)ⁿ, to compute the total value of your investment at the end of the specified term. The result will show you a clear picture of your potential wealth growth, helping you to set realistic financial goals and understand the benefits of long-term investing.

Future Value

Formula