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!
About
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.