Future Value Calculator

The Future Value (FV) Calculator helps you determine the value of an investment or savings account in the future based on the initial principal amount, annual interest rate, and the number of years of investment.

By using this calculator, you can estimate the future value of your investment and understand how compounding interest can impact your savings over time.

Formula for Future Value (FV)

The future value of an investment can be calculated using the following formula:

FV = P + (P * r * t)

Where:

  • P: Principal Amount (Initial Investment)
  • r: Annual Interest Rate (as a decimal)
  • t: Number of Years