# Future Value

 Present Value: Interest Rate: Periods:

Output: `Press calculate`

Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones

As an Amazon Associate I earn from qualifying purchases. Thank you!

Formula:`FV = PV × (1 + r)n`

## Introduction to Future Value Calculator

The future value (FV) calculator is used to determine the future value of an investment or a loan based on the given present value (PV), periodic interest rate (r), and the number of periods (n). The future value represents the value of an asset or cash at a specified date in the future, based on an assumed growth rate. This formula takes into account the time value of money, indicating that a specific amount of money today has different value than the same amount in the future.

## Parameter usage:

• `PV` = present value of the investment or loan
• `r` = periodic interest rate (expressed as a decimal)
• `n` = number of periods the money is invested or borrowed for

## Output:

• `FV` = future value of the investment or loan

## Data validation

PV, r, and n must be greater than zero for accurate calculation of the future value.

## Summary

This calculator helps to forecast the future value of an investment or loan and is important for financial planning and decision-making.