Future Value Calculator

Calculate the future value of money given the rate of return and length of time in years using our fv calculator.

$
$
per year
%
years

Future Value:

Total Value:
$1,254.41
Total Principal:
$1,000.00
Total Interest:
$254.41

Balance by Year

This calculation is based on widely-accepted formulas, but it is not a recommendation for how to handle your finances. Consult with a financial professional before making financial decisions.
Learn how we calculated this below


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