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Finance

Future Value Calculator

Calculate the future value of investments with compound interest using FV = PV(1+r)^n. Master the time value of money with our precise financial planning tool.

100% FreeStep-by-Step SolutionsInvestment Growth Chart
Future Value Calculator
Enter present value, interest rate, and number of periods
Enter to calculate, Esc to clear
Try These Examples
Click on any example to automatically fill the calculator
Example 1

$1,000 at 5% for 10 years

presentValue: 1000
interestRate: 5
periods: 10
Example 2

$5,000 at 8% for 20 years

presentValue: 5000
interestRate: 8
periods: 20
The Rule of 72
Quickly estimate how long to double your money
Years to Double =
72Interest Rate (%)\frac{72}{\text{Interest Rate (\%)}}
72 ÷ 6%
= 12 years
72 ÷ 8%
= 9 years
72 ÷ 10%
= 7.2 years
Example: At 7% return, your money doubles in ~10 years. Start with $10,000 → $20,000 → $40,000 → $80,000 in 30 years!
Compounding Frequency Impact
$10,000 at 8% for 10 years
FrequencyCompounds/YearFuture Value
Annually1$21,589
Quarterly4$22,080
Monthly12$22,196
Daily365$22,253
Daily compounding earns $664 more than annual compounding over 10 years. The difference grows larger over longer periods.
$10,000 Growth Over Time
Different rates, different horizons
Rate10 Years20 Years30 Years
5%$16,289$26,533$43,219
7%$19,672$38,697$76,123
10%$25,937$67,275$174,494
At 10% return, $10,000 becomes $174,494 in 30 years – a 17x increase from compound growth!
Future Value Formula
FV=PV×(1+r)nFV = PV \times (1 + r)^n
  • FVFV = Future Value (what you'll have)
  • PVPV = Present Value (what you start with)
  • rr = Interest rate per period (as decimal)
  • nn = Number of compounding periods
Learn More
Investopedia: Future ValueSEC Compound Interest Calculator
Trusted Resources

Learn more about future value and compound interest from authoritative sources:

SEC: The Power of Compounding
Investor education on long-term compound growth
Khan Academy: Interest
Free video lessons on compound interest

Frequently Asked Questions

What is future value (FV)?
Future value is the amount an investment will grow to over time with compound interest. Formula: FV = PV(1+r)^n where PV is present value, r is interest rate per period, and n is number of periods.
How do I calculate future value?
Use the formula FV = PV × (1 + r)^n. For example, $1,000 invested at 5% for 10 years: FV = 1000 × (1.05)^10 = $1,628.89. Our calculator handles complex scenarios with multiple contributions.
What's the difference between FV and PV?
Present Value (PV) is today's worth of future money. Future Value (FV) is what today's money will be worth later. They're inversely related: FV = PV(1+r)^n and PV = FV/(1+r)^n.
How does compounding frequency affect FV?
More frequent compounding yields higher FV. Daily compounding grows faster than monthly, which beats annual. Formula adjusts: FV = PV(1 + r/n)^(nt) where n is compounds per year.
What interest rate should I use for FV calculations?
Use expected annual return: stocks ~7-10%, bonds ~3-5%, savings ~1-3%. For retirement: 7% is moderate. Always account for inflation (typically 2-3%) to find real return.
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