Future Value Calculator
Future value shows what a sum today will grow to at a given rate. It is the flip side of present value and the basis for planning goals — what money set aside now becomes in a few years.
Your numbers
Result
- Present value
- $10,000.00
| Item | Value |
|---|---|
| Present value (today) | $10,000.00 |
| Interest earned | $11,589.25 |
| Future value | $21,589.25 |
How to calculate future value
The formula is FV = PV × (1 + r)^n, where PV is today's value, r the rate per period and n the number of periods. $10,000 at 8% a year for 10 years grows to about $21,589. It is the same math as compound interest, applied to a single sum with no monthly deposits.
The power of compounding and time
Because interest earns interest, growth is exponential — doubling the time does far more than double the result. That is why starting early matters so much. If you also make monthly contributions, use the compound interest calculator, which adds them over time.
Future value and inflation
Nominal future value ignores inflation. To know the real purchasing power down the road, use a real rate (growth above inflation) or discount the result by expected inflation. This is an educational estimate that assumes a constant rate.
Informational and educational result. Not a substitute for professional advice.
Frequently asked questions
Sources
- Time value of money — future value
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