# Future Value Calculator

Instructions: Compute the future value ($$FV$$) using this Future Value Calculator, by indicating the present value ($$PV$$), the interest rate ($$r$$), number of years ($$n$$) the money will be invested, and the type of compounding (yearly, bi-yearly, quarterly, monthly, weekly, daily or continuously):

Present Value $$(PV)$$ =
Number of Years $$(n)$$ =
Interest Rate $$(r)$$ =
Compounding Period:

## Future Value Calculator

More about the this future value calculator so you can better use this solver: The future value ($$FV$$) of a certain amount of money with a certain present value ($$PV$$) depends on the number of years $$n$$ that the money will be invested, the interest rate $$r$$, the type of compounding (yearly, bi-yearly, quarterly, monthly, weekly, daily or continuously). Let $$k$$ be the number of times the money is compounded in a year. For example, for yearly compounding we have $$k = 1$$, for bi-yearly compounding we have $$k = 2$$, for quarterly compounding we have $$k = 4$$, etc. The future value ($$FV$$) can be computed using the following formula:

$FV = PV \times \left( 1+\frac{r}{k}\right)^{ k \times n}$

For continuous compounding, we get that $$k \to \infty$$, in which case we need to use the following formula instead.

$FV = PV \times e^{r \times n}$

This calculator will compute the future value of an investment when we know the present value and the interest rates, showing all the steps. Something similar could be done with Excel using the FV formula, but Excel won't show you the steps, only the final answer.

Observe that this calculator does not consider the existence of payments. If there are periodical payments involved, you will want to check our annuity calculator , in which you are able to compute the future value with payments.

You may also be interested in our present value calculator .