What today's money grows into. The Future Value Calculator takes present value (amount today), annual interest or growth rate, years, compounding and returns future value plus interest earned, effective annual rate. Results update as you type, and the formula is shown under the result so you can repeat it in your own spreadsheet.
Investment maths is about comparing money at different points in time on a fair basis. Compound rates, discounting and annualised returns let you compare options of different sizes and durations. Use the worked example below to check the maths against your own figures.
How the Future Value Calculator works
What a lump sum grows to at a given rate with compounding m times a year. The effective annual rate shows what the nominal rate is really worth once compounding is counted.
Worked example
With the example values (present value (amount today) of $10,000, annual interest or growth rate of 8%, years of 5 years, compounding "Monthly"), the future value is $14,898.46; interest earned $4,898.46, effective annual rate 8.30%. Change any figure above and the result updates immediately; use Copy results to paste the summary into a note or email.
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Frequently Asked Questions
How is future value calculated?
future value = present value × (1 + rate ÷ m)m × years.
Which figures do I need?
Present value (amount today), annual interest or growth rate, years, compounding. Take them from the same period and the same set of accounts or reports so the ratio is consistent, and check the example values as a guide to the units expected.
Does the calculator account for taxes and fees?
Only where there is an input for them. For a true net return, add fees and taxes to your inputs or use the stock and crypto profit calculators, which include them.
