Finance Calculator

Solve any Time Value of Money (TVM) parameter: Present Value (PV), Future Value (FV), Payment (PMT), Interest Rate (I/Y), or Periods (N).

Calculator Inputs

$
Starting lump sum.
%
Annual percentage rate.
yrs
Time duration.
Frequency.

Calculated Results

Future Value (FV)
$16,288.95
Total Principal Deposited $10,000.00
Total Compound Interest Earned $6,288.95
Effective Annual Rate (EAR) 5.12%
Values calculate live as you adjust inputs.

About Finance Calculator

Universal financial solver computing compound time value of money equations for lump sums and annuities.

What is Finance Calculator?

Universal financial solver computing compound time value of money equations for lump sums and annuities.

How to Use This Calculator

  1. Enter present value PV.
  2. Enter annual interest rate and duration in years.
  3. Select compounding frequency.
  4. View future value FV and total accrued interest.

The Mathematical Formula & Variables

FV = PV * (1 + r / m)^(m * t)

Step-by-Step Worked Example

Scenario: $10,000 at 5% compounded monthly for 10 years.

  1. r / m = 0.05 / 12 = 0.004167.
  2. Total periods = 12 * 10 = 120.
  3. (1 + 0.004167)^120 = 1.647009 -> FV = $16,470.09.

Result: $16,470.09

Frequently Asked Questions

What does the Time Value of Money principle state?

A dollar today is worth more than a dollar tomorrow because today's dollar can be invested to generate interest.