Future Value Calculator
Calculate the future value of money given the rate of return and length of time in years using our fv calculator.
Future Value:
Total Value:  $1,254.41

Total Principal:  $1,000.00

Total Interest:  $254.41

Balance by Year
This calculation is based on widelyaccepted formulas, but it is not a recommendation for how to handle your finances. Consult with a financial professional before making financial decisions.
On this page:
Formula to Find Future Value using Simple Annual Interest
FV = PV × (1 + (r × n))
Where:
FV = future value
PV = present value
r = interest rate
n = number of periods
Formula to Find Future Value using Compounded Annual Interest
FV = PV × (1 + r)^{n}
Where:
FV = future value
PV = present value
r = interest rate
n = number of periods