Financial Tool
Simple Future Value
Calculate the worth of a lump sum investment after a period of compound interest.
Future Value
$1,967.15
Total Growth: 96.72%
Interest Earned
$967.15
Pure Compound Profit
Σ The Formula
FV = PV × (1 + r)ⁿ
Real World Examples
Savings Growth
$1,000 at 7% for 10 years grows to $1,967.15.
High Yield
$5,000 at 10% for 5 years grows to $8,052.55.
# About This Calculator
Future Value (FV) is the value of a current asset at a specified date in the future based on an assumed rate of growth.
This tool uses Annual Compounding. It answers the fundamental question: "If I put this much money away today, how much will it be worth later?" It's the cornerstone of retirement planning and investment analysis.
How To Use
- Enter your **Present Value** (Initial Deposit).
- Enter the **Annual Interest Rate** (%).
- Enter the number of **Years** for the investment.
- The tool calculates the total **Future Value** and the **Total Interest Earned**.
Frequently Asked Questions
What is compound interest?+
Compound interest is interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods.
Is Simple Future Value free to use?+
Yes, Simple Future Value on Matheric is completely free to use. We believe in accessible education and utility for everyone.
How accurate is Simple Future Value?+
We use standard mathematical formulas and high-precision computing algorithms to ensure results for Simple Future Value are accurate for academic and professional use.
Can I use Simple Future Value on my phone?+
Yes! Simple Future Value is fully responsive and optimized for all devices, including smartphones, tablets, and desktops.
Do you save my data?+
No. We prioritize your privacy. All calculations are performed in your browser or temporarily processed, and we do not store your personal input data.
How do I report a bug?+
If you notice any issues with Simple Future Value or have suggestions for improvement, please contact us via the link in the footer. We value your feedback!
About
Future Value (FV) is the value of a current asset at a specified date in the future based on an assumed rate of growth.
This tool uses Annual Compounding. It answers the fundamental question: "If I put this much money away today, how much will it be worth later?" It's the cornerstone of retirement planning and investment analysis.