Future Value

COMPUTE FUTURE VALUESCENARIO:
  • You would like to invest a certain amount today in a time deposit account.
  • With the prevailing interest rate, how much will it be a few years from now?
Select your desired monetary unit.
The amount you want to deposit today. (i.e. 100,000)
The rate by which that amount will be compounded. (i.e. 7%)
The number of times the amount will be compounded within a year. (i.e. 1)
The number of years needed for the investment to mature. (i.e. 5)