Future Value Calculator
Calculate future value from your own entered figures.
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Currency: Amounts are calculated in the currency you select; this site does not convert between currencies and does not use live exchange rates.
What this tool does
Calculate future value from your own entered figures. Payments are annual and end-of-year (ordinary annuity); the rate is assumed constant and untaxed.
How to use the Future Value Calculator
- Enter or select present value.
- Enter or select annual payment (annuity, optional).
- Enter or select annual rate (%).
- Enter or select years.
- Read the calculated result; change any measurement to compare alternatives.
Formula
FV = PV(1+r)^years + payment × ((1+r)^years − 1)/r
- present
- Present value
- payment
- Annual payment (annuity, optional)
- rate
- Annual rate (%)
- years
- Years
Payments are annual and end-of-year (ordinary annuity); the rate is assumed constant and untaxed.
Worked example
For future value calculator, the following measurements illustrate the exact method: Present value: 10000; Annual payment (annuity, optional): 0; Annual rate (%): 7; Years: 20.
Inputs
- Present value10000
- Annual payment (annuity, optional)0
- Annual rate (%)7
- Years20
Result
- Future value$38,696.84
- Future value of the lump sum alone$38,696.84
- Growth / interest earned$28,696.84
Results explained
- Future value
- Future value from the formula above. Payments are annual and end-of-year (ordinary annuity); the rate is assumed constant and untaxed.
- Future value of the lump sum alone
- Future value of the lump sum alone from the formula above. Payments are annual and end-of-year (ordinary annuity); the rate is assumed constant and untaxed.
- Growth / interest earned
- Growth / interest earned from the formula above. Payments are annual and end-of-year (ordinary annuity); the rate is assumed constant and untaxed.
Frequently asked questions
FV = PV(1+r)^years + payment × ((1+r)^years − 1)/r
Payments are annual and end-of-year (ordinary annuity); the rate is assumed constant and untaxed.
No. All numbers are entered by you or come from the dated reference table shown on this page; calculations run locally.
This is an estimate, not financial, tax or legal advice. Verify the inputs and output with official sources and a qualified professional.
Check period consistency, currency, percentage inputs and the assumptions: Payments are annual and end-of-year (ordinary annuity); the rate is assumed constant and untaxed.