Future value calculator

Calculate how much an investment will be worth in the future with compound interest growth.

Present value ($) Annual rate (%) Years

Future value formula

FV = PV × (1 + r)ⁿ

Where FV = future value, PV = present value, r = annual rate (decimal), n = years.

Example

$1,000 at 5% for 10 years: FV = 1000 × 1.05¹⁰ = $1,628.89.

Rule of 72

Divide 72 by the interest rate to estimate doubling time. At 6%: 72/6 = 12 years to double.

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