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Future Value Calculator
Estimated Future Value
$16,470.09
How to Use
- Enter initial investment amount using the slider or input field
- Set annual interest rate (0-30%)
- Choose investment duration (1-50 years)
- Select compounding frequency
- View real-time results and growth chart
Simple vs Compound Interest
Simple Interest: Calculated only on the principal amount.
Compound Interest: Includes accumulated interest from previous periods.
Features
- Real-time calculations
- Interactive growth chart
- Multiple compounding options
- Dark mode support
- PDF export capability
- Responsive design
Understanding Future Value Calculator
What is Future Value (FV)?
Future Value (FV) is the estimated value of an investment at a specified time in the future, considering interest or growth over time. It helps individuals and businesses make informed financial decisions, such as saving for retirement, planning investments, or analyzing business growth.
Financial Planning Tools
Explore our other financial calculators: Amortization Calculator, Car Loan Payoff Calculator, and DSCR Loan Calculator.
Learn More
For additional insights on financial planning, visit Investopedia or NerdWallet.
Future Value Formulas
Simple Interest Formula:
FV = PV * (1 + r * t)
Compound Interest Formula:
FV = PV * (1 + r/n)^(n*t)
Calculation Example
Suppose you invest $10,000 in an account that offers 5% annual interest, compounded monthly for 10 years. The Future Value is calculated as:
FV = 10,000 * (1 + 0.05/12)^(12*10) ≈ $16,470.09
Why is Future Value Important?
- Investment Planning: Forecast potential returns
- Retirement Savings: Determine required savings rate
- Loan Management: Estimate borrowing costs
- Business Growth: Predict expansion potential
