.png)
Future Value Calculator
A key factor that guides one’s investments is the future value of the investment. But a key challenge most people face is this: How to evaluate the future value of one’s investments? This is an important question as it provides some clarity about one’s financial situation in the future, which in turn can help one to make more informed decisions. But calculating the future value of one’s investments may not be easy for many. This is where a future value calculator comes in handy.
​
A future value calculator requires three inputs: principal amount, rate of interest and time period. Key in these three variables and the calculator shows the future value in no time. For example, if one invests ₹1 lakh for five years at 10% rate of interest, then at the end of the fifth year, the investor will get an amount of ₹161,051, which includes a compound interest of ₹61,051.
Future Value Calculator for Investments
Future value is what a sum of money invested today will be worth at a future date, at a given rate of return. Enter the principal amount, the rate of interest and the time period to see the future value of your investment. The basic formula is FV = PV x (1 + r)^n. It helps you plan for goals such as retirement, buying a home or your child's education.