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Calculators » Finance » Future value of single sum
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.
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The formula for computing future value of a single sum:
FV = PV × (1+i)n
Where,
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.
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