Future Value Calculator

Enter the value that you want to calculate future value..

Present value:
Interest rate (% p.a.):
Time period (Yrs):
Compounding period:	MonthlyQuarterlyHalf-YearlyYearly

Result :

Future Value Calculator

Overview

Embark on a financial journey with our Future Value Calculator. Predict the future worth of your investment by entering the present value, interest rate, time period, and compounding frequency. Uncover the power of compounding in growing your wealth over time.

Formula

\[ FV = PV \times \left(1 + \frac{r}{n}\right)^{nt} \]
Where:

• \( FV \) is the future value
• \( PV \) is the present value
• \( r \) is the interest rate (in decimal)
• \( n \) is the number of times interest is compounded per time period
• \( t \) is the time the money is invested or borrowed for (in years)

Uses

• Financial Planning: Plan for future financial goals.
• Investment Strategies: Evaluate the potential return on investments.

How It Works

1. Enter the present value, interest rate, time period, and compounding frequency.
2. The calculator computes the future value using the compound interest formula.

Frequently Asked Questions

How do I calculate future value?

Use the formula: \[ FV = PV \times \left(1 + \frac{r}{n}\right)^{nt} \]

What is the value of 1 lakh after 20 years?

Calculate using the Future Value Calculator with appropriate inputs.

How to save 2 crore in 10 years?

Determine the required savings per year using the calculator.

How is FV calculated in Excel?

Use the formula FV(rate, nper, pmt, [pv], [type]) in Excel.

Explore our FAQs for detailed answers and enhance your understanding of future value calculations.