Future Value Calculator
Calculate how much your money will grow over time with compound interest. See the future value of a lump sum investment.
Parameters
$
%
Yr
Results Summary
Future Value
$215,892
Total Interest Earned
$115,892
Mathematical Formula
This calculator determines the results based on the following standard financial formula for Future Value (FV):
FV = PV × (1 + r)^n
Variables Glossary
- Present Value
- Current amount of money invested
- Future Value
- Value of investment at maturity
- Total Interest
- Total interest or returns earned
The future value formula calculates how a present lump sum grows at a given rate of return over time through compounding.
Frequently Asked Questions
What is the difference between future value and present value?
Future value calculates what today's money will be worth growing at a given rate. Present value calculates what future money is worth in today's terms, discounting at a given rate.
How does compounding frequency affect returns?
More frequent compounding (daily vs annual) results in slightly higher returns. This calculator uses annual compounding by default.