Finance
Future Value
Future value of a lump sum.
Formula
Formula
FV = PV(1 + r)n
Variables
| Symbol | Definition | Type & range | Units | Role |
|---|---|---|---|---|
| PV | present value | real number (ℝ) | — | input |
| r | rate per period | real number (ℝ) | — | input |
| n | periods | real number (ℝ) | — | input |
Try it yourself
Interactive calculator
Worked examples
Example 1
Givenpresent value = 1000, rate (%) = 7, periods = 10
Result1967.151357
Example 2
Givenpresent value = 5000, rate (%) = 4, periods = 25
Result13329.18166