Present Value:

$

Interest Rate:

%

Period:

year

The future value refers to the value of some principal money that you own or invest in the bank after a while. It is valued by the effect of interest affecting the money held in the bank.

The factors affecting the future value of money are the amount of the main money, interest, and duration. Future Value = Present Value * (1 + interest rate) With the formula ^{ year }, the future value of money is obtained.

You can do the same process in reverse by using our current value calculation tool for the money we know or predict in the future.