How it works
Future value is what money invested today is worth later after compound interest. The opening balance and each deposit grow from the period they are added until the end.
FV = PV(1 + i)^N + PMT[((1 + i)^N − 1)/i]
When to use
Use this tool when you need to: {starting} plus {payment}/period for 10 periods at 6% grows to {future}.
How to use this tool
- Enter your values in the fields above.
- Review the formula and any mode options for your problem.
- Read the result and the step-by-step solution.
{starting} plus {payment}/period for 10 periods at 6% grows to {future}.
Frequently asked questions
- What is the Future Value Calculator?
- Future value is what money invested today is worth later after compound interest. The opening balance and each deposit grow from the period they are added until the end.
- How do I use the Future Value Calculator?
- Enter the required values, then calculate. The Future Value Calculator shows results, formulas, and step-by-step work when available. No account is required.
- What formula does the Future Value Calculator use?
- FV = PV(1 + i)^N + PMT[((1 + i)^N − 1)/i]
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