You can use this calculator to calculate the future value (FV) of an investment with given inputs of compounding periods (N), interest/yield rate (I/Y), starting amount, and periodic deposit/annuity payment per period (PMT).
Moreover, After clicking the "Calculate" button, you can see the detailed results at the bottom as table and you can download it as Excel.
# | start principal | start balance | interest | end balance | end principal |
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Future value is the value of an asset at a specific date. It measures the nominal future sum of money that a given sum of money is "worth" at a specified time in the future assuming a certain interest rate, or more generally, rate of return; it is the present value multiplied by the accumulation function.
To determine future value (FV) using simple interest (i.e., without compounding):
FV=PV(1+rt)
To determine future value using compound interest:
FV=PV(1+r)t