Future Value

Future Value Calculator

This calculator determines the value of a current asset at a future date based on an assumed rate of growth.

Use Cases

• Financial Planning: Estimating retirement savings.
• Investing: Projecting the value of a lump sum investment.
• Inflation: Estimating the future cost of goods.

Formula

$$\text{FV} = \text{PV} \times (1 + r)^n$$

Where:

• $FV$ is the future value
• $PV$ is the present value
• $r$ is the rate of return per period
• $n$ is the number of periods