Future Value Calculator
The future value calculator online is simple to use, intuitive to understand, and quick to complete. Follow these steps to use the online future value calculator:
On clicking the calculate button, the calculator displays the results as a break up of principal invested, interest accumulated over the tenure and the total corpus available at the end of term.
The SIP calculator online gives you estimates using three different growth scenarios like above-average, average, and below-average returns. You can pick a strategy that best fits your needs and begin investing.
The systematic investment plan calculator facilitates obtaining a close estimate of the amount accumulated after completing periodic payments for the desired tenure.
Estimating future value or the maturity amount will let you choose the most suitable
This calculator can tell you the exact value of amount invested for the future. By knowing the future value of the amount invested, one can add more other investment option so that one can have a huge corpus in the end.
You can accurately determine the value of an investment made through SIP or lump sum investment mode
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The future value is the value of a given amount of money at a certain point in the future if it earns a rate of interest. The future value of a present value is calculated by plugging the present value, interest rate, and number of periods into one of two equations.
The future value of monthly investments can be calculated using the following formula-
FV = P [(1+r/n) nt – 1) / (r/n)]
In this formula, P stands for the periodic instalment, t represents the tenure of investment, n stands for the frequency of compounding, and r is the interest rate.
The two methods of calculating the future value which is based on the interest offered in the investment-
a) Simple interest:
If the investment gives a fixed simple interest, the future value formula will be
FV = P + (P*n*r)
In this, P is the principal (initial amount), n is the tenure, and r is the interest rate.
b) Compound interest:
If the investment calculates interest as compound interest compounded n times per year, the future value formula will be-
FV= PV (1+r/n) t/n
In this formula, PV is the initial value of the investment, r stands for interest rate, and t is the term of the investment.
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