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Future Value Calculator

Moneyzine Editor
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Moneyzine Editor
2 mins
January 18th, 2024
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Future Value Calculator

This calculator provides the user with the future value of an investment. That is to say, the tool will calculate the value of the investment at a future point in time. The calculator only requires three inputs to compute the future value: the present value of the investment, the total number of time periods, and the interest rate.

Inputs

$

Result

Future Value$22,656.10

Calculator Definitions

The variables used in our online calculator are defined in detail below, including how to interpret the results.

Present Value of the Investment ($)

This is the present value of the investment. For example, let's say you have $100,000 today that is growing at a rate of 7% each year for the next ten years. In this example, the present value of the investment would be $100,000.

Number of Time Periods

This is the number of payment periods for the investment. For example, let's say you have $100,000 today that is growing at a rate of 7% each year for the next ten years. In this example, the Number of Time Periods would be 10. Note that the time period used in this section of the calculator must be the same time period used for the Interest Rate.

Interest Rate (% / Time Period)

This is the rate of interest at which the investment will grow over time. For example, let's say you have $100,000 today that is growing at a rate of 7% each year for the next ten years. In this example, the Interest Rate would be 7%. Note that the time value used for the Interest Rate (10% per year) must be consistent with the Number of Time Periods (years).

Future Value of Investment ($)

This is the future value of the investment. This calculator grows the Present Value of the Investment by the Interest Rate specified. For example, $100,000 today that is growing at a rate of 7% each year for the next ten years, would have a future value of $196,715.14.


Disclaimer: These online calculators are made available and meant to be used as a screening tool for the investor. The accuracy of these calculations is not guaranteed nor is its applicability to your individual circumstances. You should always obtain personal advice from qualified professionals.

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