Finance
Present Value Calculator
Find today's value of a future sum of money.
Use CalculatorFuture Value Calculator
See what a sum of money today could grow to, with or without regular contributions.
How it works
Your nominal rate is converted to an equivalent monthly rate based on the compounding frequency.
The balance grows month by month, with any regular contribution added at the end of each month.
Results split the future value into contributions and interest.
Formula & methodology
FV = PV × (1 + r/m)^(m × t)
- m
- Compounding periods per year
- t
- Years
With monthly contributions, each deposit compounds from the month it's made.
Illustrative example
$5,000 at 5% for 10 years
Compounded annually, $5,000 grows to about $8,144.47.
Hypothetical figures for illustration only.
Frequently asked questions
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