// FUTURE VALUE CALCULATOR
Future Value Calculator
Calculate the future value of a present amount with chosen rate, term, and compounding frequency.
// INPUTS
₹
1 = annual, 4 = quarterly, 12 = monthly, 365 = daily
// OUTPUT
FUTURE VALUE
₹1,07,946.25
GROWTH MULTIPLE2.16×
GAIN₹57,946
// FORMULA
// FORMULA
FV = PV × (1 + r / m) ^ (m × n)
m = compounding frequency per year, n = years.
// EXAMPLE
// WORKED OUT
₹50,000 at 8%, monthly compounding (m = 12), 10 years:
FV = 50000 × (1 + 0.08/12) ^ 120
= 50000 × 2.2196
= ₹1,10,981// WHAT THIS MEANS
Future value is the same compounding formula you have seen all through these calculators, just with a knob for compounding frequency. More frequent compounding gives a slightly higher result for the same nominal rate, but the gap is small in most realistic cases.
// FAQ
How much does compounding frequency change the answer?+−
Going from annual to monthly compounding at 8% over 10 years lifts the result by roughly 3%. From monthly to continuous lifts it by less than 0.5%.
Is FV the same as CAGR?+−
Closely related. CAGR works backwards from FV and PV to find the rate; FV works forwards from a rate to a value.
// RELATED CALCULATORS
// COMPOUNDING
Present Value Calculator
PV of a future amount discounted to today.
// COMPOUNDING
Investment Growth Calculator
Future value of a lumpsum at a chosen rate.
// COMPOUNDING
₹1 Becomes What Calculator
What ₹1 grows into over N years at R% return.
// RETURN MATH
CAGR Calculator
Annualized growth rate between two values.