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What is the Future Value Calculator?
A Future Value (FV) calculator estimates the value of a current asset at a specified date in the future based on an assumed rate of growth.
How to Use This Calculator
1
Enter the present value (current investment).
2
Input the annual interest rate.
3
Specify the number of years.
4
Click 'Calculate' to see the future value.
Example Calculation
$5,000 at 6% for 10 years
If you invest $5,000 today at a 6% annual interest rate, it will grow to approximately $8,954.24 in 10 years.
Frequently Asked Questions
Pro Tips
- Small differences in interest rates have a huge impact over long periods.
- Use this to set realistic financial goals.
- Adjust for inflation to see the 'real' future value.