Future Worth Calculator
Calculate the future value of an investment with compound interest. Input principal, annual interest rate, compounding frequency, and time period to see how your money grows.
Published by:
isCalculator Editorial Team
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How to use this tool?
This calculator computes the Future Value (FV) of an investment using compound interest. Follow these steps:
- Enter Principal (Present Value): The initial amount of money (e.g., 1000). Must be a positive number.
- Enter Annual Interest Rate: The yearly interest rate as a percentage (e.g., 5 for 5%).
- Select Compounding Frequency: How often interest is applied (e.g., Monthly, Quarterly).
- Enter Time Period: The number of years the money is invested.
- Click "Calculate Future Worth": The result displays the future value, along with the formula used.
Note: All inputs must be zero or positive. If any input is zero, the future value equals the principal. The result is formatted as currency (e.g., $1,234.56).
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Frequently Asked Questions
Future worth (or future value) is the value of an asset or investment at a specified date in the future, based on an assumed rate of growth (compound interest).
More frequent compounding (e.g., daily vs. annually) results in higher future value because interest is earned on interest more often.
Yes, but note that this calculator assumes positive growth. For loans, future value represents the total amount owed if no payments are made.
