Financial Tool
FV of Present Sum
Calculate the Future Value of a specific lump sum amount today.
×
1.6289
Future Value Answer
$1628.89
Σ The Formula
FV = PV × (1 + i)ⁿ
Real World Examples
Standard Case
$1,000 today at 5% interest for 10 years is worth $1,628.89.
Inflation Check
Determine how much a current expense will cost in the future.
# About This Calculator
The Future Value of a Present Sum calculation is the basic formula for the time value of money. It determines the value of a lump sum of money today at a specific point in the future.
It is used to evaluate the potential return on a single deposit or to understand how inflation will affect a specific cost over time.
How To Use
- Enter the **Present Sum** (PV).
- Enter the **Interest Rate per Period** (i).
- Enter the **Number of Periods** (n).
- The tool provides the **Future Value Factor** and the final **Amount**.
Frequently Asked Questions
What is the FV Factor?+
The factor is (1 + i)ⁿ. Multiplying any present sum by this factor gives you the future value.
Is FV of Present Sum free to use?+
Yes, FV of Present Sum on Matheric is completely free to use. We believe in accessible education and utility for everyone.
How accurate is FV of Present Sum?+
We use standard mathematical formulas and high-precision computing algorithms to ensure results for FV of Present Sum are accurate for academic and professional use.
Can I use FV of Present Sum on my phone?+
Yes! FV of Present Sum 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 FV of Present Sum or have suggestions for improvement, please contact us via the link in the footer. We value your feedback!