Money & Finance

Future Value Calculator

Calculate how a starting amount could grow over time using a selected annual rate and number of years.

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Future Value Calculator

Enable JavaScript to use the interactive calculator; the example and formula are described below.

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Savings, Interest & Growth

Compound interest, APY, future value and long-term savings-growth calculations.

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How to use this future value calculator

Enter the requested values above and select Calculate. The result updates immediately on the page, so you can change one value and compare different scenarios without leaving the calculator.

Formula and method

FV = PV × (1 + r)^t for annual compounding.

Example

A $10,000 present value earning 5% annually for ten years becomes its calculated future value.

What this calculator is useful for

Find the future value of a present amount after a chosen rate of return and time period. It is designed for quick estimates and everyday problem solving. When a calculation affects a contract, tax filing, medical decision or other high-stakes situation, verify the result with the appropriate professional or authoritative source.

Future Value Calculator: a practical example

$10,000 invested for 10 years at 5% annual growth becomes about $16,289 with once-per-year compounding.

What the result means

The calculation shows the effect of compounding at a constant annual rate.

Limits to consider

Taxes, fees, contributions, variable investment returns, and inflation are not included.

Related tools: Mortgage Calculator · Loan Payment Calculator

Frequently asked questions

What does the Future Value Calculator calculate?

Find the future value of a present amount after a chosen rate of return and time period.

How does the calculation work?

FV = PV × (1 + r)^t for annual compounding.

Is this calculator free?

Yes. ERICH Calculators is free to use and no account is required.

Future value formula

FV = PV × (1 + r)ⁿ

The result shows compound growth of one starting amount. For recurring deposits, use the Savings Growth Calculator.

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Method, assumptions & corrections

See how formulas, sources and limitations are handled across ERICH Calculators.