# Future Value Calculator

Instructions: Compute the future value ($$FV$$) 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.

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

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