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Future Value / Present Value Calculator

Solve for future value or present value of a single lump sum at a fixed rate.

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Last reviewed 2026-08-30

About the Future Value / Present Value Calculator

Solves the time-value-of-money relationship between a single lump sum's present value and future value after compounding at a fixed rate for a number of periods — choose which one you're solving for.

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How to use it
  1. Choose whether you're solving for Future value or Present value.
  2. Enter the known Amount.
  3. Enter the Rate per period and Number of periods — make sure they use matching units.
  4. Read the solved value in the result panel.
Formula
Future value = Present value × (1 + r)^n. Present value = Future value ÷ (1 + r)^n, where r is the rate per period (as a decimal) and n is the number of periods.
Worked example

Solving for future value: $10,000 today at 5% per period for 10 periods grows to about $16,288.95 — a growth factor of (1.05)^10 ≈ 1.6289.

Interpreting your result

This models a single lump sum only — it doesn't include recurring contributions or withdrawals. The rate and number of periods must use consistent units: mixing an annual rate with a monthly period count will give a meaningless answer.

Recommendations
  • If you're discounting a future amount back to today, a higher assumed rate always produces a smaller present value.
  • Small changes in the rate compound significantly over many periods — compounding is exponential, not linear.
  • Make sure your rate and period count use the same time unit.
Frequently asked questions
Present value is what a sum is worth today; future value is what that same sum grows to after compounding over a number of periods.
See the full methodology and sources for every finance calculator
Disclaimer

Illustrative estimate only, not financial or tax advice. Verify figures with a licensed adviser or your local tax authority.