Free calculators and unit converters for general and everyday use.
Our online tools will provide quick answers to your calculation and conversion needs. On this page, you can calculate future value (FV) of a single sum. The future value of a single sum tells us what a fixed amount will be worth at a future date given the interest rate and compounding period.
The formula for computing future value of a single sum:
FV = PV × (1+i)n
FV = future value
PV = present value
i = interest rate per compounding period
n = number of compounding periods
As can be seen, future value calculation uses the same formula used for calculating compound interest.