Future Value Calculator
Find the future value of a lump sum after growth at a given rate, term and compounding frequency.
How it works
FV = PV × (1 + r ÷ n)^(n × t)
Future value tells you what a lump sum today will be worth after it grows. PV is the present amount, r the annual rate, n the compounding periods per year, and t the number of years. More frequent compounding helps a little, but the rate and the time do most of the work.
Worked example
$10,000 at 7% compounded yearly for 10 years grows to $10,000 × 1.07^10 = $19,671.51, earning $9,671.51 in interest.
Frequently asked questions
What is future value used for?
Projecting savings and investments, comparing an amount today against a promised amount later, and any planning where money grows at a known rate.
Does compounding frequency matter much?
Only modestly. At 7% for 10 years, $10,000 becomes $19,672 yearly versus about $20,097 daily — the rate and term dominate the outcome.
How is this different from compound interest with deposits?
This grows a single lump sum. If you also add money regularly, use the compound interest calculator, which handles ongoing contributions.
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This is an educational estimate, not financial advice. Confirm figures with your lender, advisor or tax professional.