The future value calculator can be used to determine future value of a current amount. The future value can be calculated using parameters like amount, interest rate, time period.

Input | Description |
---|---|

Present Value/Amount Invested | It is the current amount for which you want to know future value |

Expected Interest Rate | This is the percentage return per year at which you want to invest your amount for decided time duration |

Time Duration | The duration in years for which you want to invest |

Output | Description |
---|---|

Present Value/Amount Invested | It is the current amount for which you want to know future value |

Interest Earned | This is the interest you will have by the end of investment years |

Total Amount | This is the total amount you will receive which is sum of your total amount invested and the interest you will earn |

Here is the formula of Future Value:

Where,

**FV**– future value**PV**– present value (the initial amount)**r**– interest rate (per annum)**n**– total number of periods (years) the money is invested for.

For example, your present value is Rs. 1,00,000 and you want to invest it for 3 years at a 10% interest rate. So total future value after 3 years including present value will be: FV = 100000 (1 + 10/100) ^ 3 = Rs. 1,33,100

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