FV

Future Value Calculator

What a sum today, plus a regular payment each period, is worth at a future date.

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Result…

$
$
% / yr
years

How often interest compounds and payments are made.

Payments at

 

…

How it's calculated

FV = PV × (1 + i)^N + PMT × ((1 + i)^N − 1) ÷ i
Annuity due (payments at the start): the payment part × (1 + i)
i = r ÷ n, N = n × t

The time value of money forward: a present sum compounds, and each periodic payment compounds from the day it is made. Payments at the start of each period (an annuity due) earn one extra period of interest.

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