EVERYDAY CLARITY
Future Value Calculator
What will a single deposit be worth after repeated compounding. Enter the quantities below to calculate the result.
Your result
Future balance
currency
Interest earned
currency
Result for the values shown.
Calculations run in your browser.
What to enter
| Input | Meaning and units |
|---|---|
| Starting balance (currency) | Enter starting balance in currency; use the same basis as the other measurements. |
| Interest rate per period (%) | Enter percentage units: 5 means 5%, not a fraction of 0.05. |
| Compounding periods | Choose how often interest is added. Keep the nominal rate on an annual basis. |
Understanding your result
The outputs describe the mathematical scenario you entered. Assumed rates, timing and included costs determine the result; an estimate is not an offer or eligibility decision.
Common mistakes
- Mixing annual and monthly periods, or leaving out a cost that the model does not include.
Check your calculation
- Compare a simple one-period or zero-change case with hand arithmetic before applying a longer scenario.
Calculation checks, sources and review limits
What will a single deposit be worth after repeated compounding?
What will a single deposit be worth after repeated compounding. Enter the quantities below to calculate the result.
Common uses
- What will a single deposit be worth after repeated compounding
How it works
Use a rate per equal compounding period.
Worked example
Enter Starting balance: 1000 currency; Interest rate per period: 10 %; Compounding periods: 2 . Results: Future balance: 1210 currency; Interest earned: 210 currency.