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Future Value Calculator



Present Value (PV): $

Discount Rate (i) :
*enter 6% as .06

Number of Periods (n) :


       

Future Value : $


Future Value Formula

 

Future Value = PV * (1 + i)n



1.PV = the value at time zero

2.FV = the value at time n

3.i = the discount rate (or interest rate)

4.n = the number of periods


Future Value Example

 

Chase has $500. He is considering using a bank that is offering 6%, how much will he have in 2 years?

He will have $561.80 in two years.

 

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