Future Value Calculator

Compound a single amount into the future.

Present Amount

$
%
yrs

Future Value

Interest Earned
Effective Annual Rate
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The power of compounding

$5,00,000 at 7% for 10 years grows to about $10,00,000 — doubling without any additional contribution. The interest earned column shows the reward for letting compounding work.

Future Value FAQ

What is the rule of 72?
Divide 72 by your annual rate to estimate how long money takes to double. At 7%, it doubles roughly every 10.3 years — matching this example.
Does inflation reduce future value?
Yes — future value is nominal. To see real purchasing power, subtract inflation from your rate (e.g., 7% return minus 6% inflation is about 1% real growth).
FV: What today's money grows into
Compounding: Growth engine
Use: Goals, retirement, education
Inverse: Present value in reverse

Future Value Calculator — how much will your money grow to?

The future value (FV) of money tells you what an investment today will be worth at a future date, given a rate of return. This calculator grows your present amount with the exact compounding you choose — essential for goal planning and comparing investments.

The growth formula

FV = PV × (1 + r/m)^(m×t), where PV is the present amount, r the annual rate, m compounding frequency and t the years.

$10,00,000 at 10% for 10 years compounded annually grows to $25,93,742; compounded monthly, slightly more.

The 'rule of 72' reverse-checks your numbers: 72 ÷ rate ≈ years to double.

Planning goals accurately

College fund: a $100,000 tuition cost today at 5% inflation will be $162,889 in 10 years — plan FV, not PV.

Retirement: today's $5,000 monthly living expense at 3% inflation becomes $9,030/month in 20 years.

The difference between assuming 8% vs 10% over 30 years is nearly double the terminal amount — choose your rate carefully.

How to use this calculator

  1. Enter the present amount you have today.
  2. Input the annual rate of return.
  3. Set the number of years.
  4. Select the compounding frequency.
  5. Read the future value and total interest earned.

Pro tips

  • For inflation-adjusted goals, use the real rate (return − inflation) as your rate.
  • Use monthly compounding when comparing with bank products.
  • Recheck with the rule of 72 to catch input errors.

Frequently asked questions

What is future value?
Future value is the amount a present sum will grow to at a given interest rate over a specified period, accounting for compounding. It's the reverse of present value.
Does compounding frequency affect future value?
Yes, but modestly. More frequent compounding (monthly vs annual) adds a small effective-rate premium. Over long horizons the difference compounds too.