Future Value of Lumpsum Solution

STEP 0: Pre-Calculation Summary
Formula Used
Future Value of Lumpsum = Present Value*(1+Interest Rate per Period)^Number of Periods
FVL = PV*(1+IRP)^nPeriods
This formula uses 4 Variables
Variables Used
Future Value of Lumpsum - Future Value of Lumpsum is the amount that a sum of money will grow to over a specific period when it is invested at a certain interest rate.
Present Value - The Present Value of the annuity is the value that determines the value of a series of future periodic payments at a given time.
Interest Rate per Period - Interest Rate per Period refers to the rate at which interest is applied or accrued over a single time period.
Number of Periods - The Number of Periods is the periods on an annuity using the present value, periodic payment, and periodic rate.
STEP 1: Convert Input(s) to Base Unit
Present Value: 100 --> No Conversion Required
Interest Rate per Period: 0.06 --> No Conversion Required
Number of Periods: 2 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
FVL = PV*(1+IRP)^nPeriods --> 100*(1+0.06)^2
Evaluating ... ...
FVL = 112.36
STEP 3: Convert Result to Output's Unit
112.36 --> No Conversion Required
FINAL ANSWER
112.36 <-- Future Value of Lumpsum
(Calculation completed in 00.004 seconds)

Credits

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Created by Vishnu K
BMS College of Engineering (BMSCE), Bangalore
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5 Future value Calculators

Future Value of Present Sum given Compounding Periods
​ Go Future Value = Present Value*(1+((Rate of Return*0.01)/Compounding Periods))^(Compounding Periods*Number of Periods)
Future Value of Annuity
​ Go Future Value of Annuity = (Monthly Payment/(Interest Rate*0.01))*((1+(Interest Rate*0.01))^Number of Periods-1)
Future Value of Present Sum given Number of Periods
​ Go Future Value = Present Value*exp(Rate of Return*Number of Periods*0.01)
Future Value of Lumpsum
​ Go Future Value of Lumpsum = Present Value*(1+Interest Rate per Period)^Number of Periods
Future Value of Present Sum given Total Number of Periods
​ Go Future Value = Present Value*(1+(Rate of Return*0.01))^Number of Periods

Future Value of Lumpsum Formula

Future Value of Lumpsum = Present Value*(1+Interest Rate per Period)^Number of Periods
FVL = PV*(1+IRP)^nPeriods

What is Future Value of Lumpsum?

The future value is a fundamental concept in finance and investment planning. It helps individuals and businesses project the growth of their investments over time, considering the impact of compounding interest. It's an essential component in various financial calculations and is used to make informed decisions about savings, investments, and other financial strategies.

How to Calculate Future Value of Lumpsum?

Future Value of Lumpsum calculator uses Future Value of Lumpsum = Present Value*(1+Interest Rate per Period)^Number of Periods to calculate the Future Value of Lumpsum, The Future Value of Lumpsum formula is defined as the amount of money that an investment will grow to at some point in the future, assuming a certain rate of return or interest rate. Future Value of Lumpsum is denoted by FVL symbol.

How to calculate Future Value of Lumpsum using this online calculator? To use this online calculator for Future Value of Lumpsum, enter Present Value (PV), Interest Rate per Period (IRP) & Number of Periods (nPeriods) and hit the calculate button. Here is how the Future Value of Lumpsum calculation can be explained with given input values -> 112.36 = 100*(1+0.06)^2.

FAQ

What is Future Value of Lumpsum?
The Future Value of Lumpsum formula is defined as the amount of money that an investment will grow to at some point in the future, assuming a certain rate of return or interest rate and is represented as FVL = PV*(1+IRP)^nPeriods or Future Value of Lumpsum = Present Value*(1+Interest Rate per Period)^Number of Periods. The Present Value of the annuity is the value that determines the value of a series of future periodic payments at a given time, Interest Rate per Period refers to the rate at which interest is applied or accrued over a single time period & The Number of Periods is the periods on an annuity using the present value, periodic payment, and periodic rate.
How to calculate Future Value of Lumpsum?
The Future Value of Lumpsum formula is defined as the amount of money that an investment will grow to at some point in the future, assuming a certain rate of return or interest rate is calculated using Future Value of Lumpsum = Present Value*(1+Interest Rate per Period)^Number of Periods. To calculate Future Value of Lumpsum, you need Present Value (PV), Interest Rate per Period (IRP) & Number of Periods (nPeriods). With our tool, you need to enter the respective value for Present Value, Interest Rate per Period & Number of Periods and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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