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!