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Future value table (FV factor)

A future value factor is what 1 unit today grows to after n periods of compounding. It is (1 + r) to the power n. At 8 percent for 5 periods the factor is 1.4693, so 1,000 today becomes 1,469.30.

The formula

FV factor=(1+r)nFV\text{ factor} = (1 + r)^{n}

Multiply a single amount today by the factor to carry it forward.

Future value of 1, periods down the side and interest rates across the top.
n1%2%3%4%5%6%7%8%9%10%11%12%13%14%15%16%18%20%
11.01001.02001.03001.04001.05001.06001.07001.08001.09001.10001.11001.12001.13001.14001.15001.16001.18001.2000
21.02011.04041.06091.08161.10251.12361.14491.16641.18811.21001.23211.25441.27691.29961.32251.34561.39241.4400
31.03031.06121.09271.12491.15761.19101.22501.25971.29501.33101.36761.40491.44291.48151.52091.56091.64301.7280
41.04061.08241.12551.16991.21551.26251.31081.36051.41161.46411.51811.57351.63051.68901.74901.81061.93882.0736
51.05101.10411.15931.21671.27631.33821.40261.46931.53861.61051.68511.76231.84241.92542.01142.10032.28782.4883
61.06151.12621.19411.26531.34011.41851.50071.58691.67711.77161.87041.97382.08202.19502.31312.43642.69962.9860
71.07211.14871.22991.31591.40711.50361.60581.71381.82801.94872.07622.21072.35262.50232.66002.82623.18553.5832
81.08291.17171.26681.36861.47751.59381.71821.85091.99262.14362.30452.47602.65842.85263.05903.27843.75894.2998
91.09371.19511.30481.42331.55131.68951.83851.99902.17192.35792.55802.77313.00403.25193.51793.80304.43555.1598
101.10461.21901.34391.48021.62891.79081.96722.15892.36742.59372.83943.10583.39463.70724.04564.41145.23386.1917
111.11571.24341.38421.53951.71031.89832.10492.33162.58042.85313.15183.47853.83594.22624.65245.11736.17597.4301
121.12681.26821.42581.60101.79592.01222.25222.51822.81273.13843.49853.89604.33454.81795.35035.93607.28768.9161
131.13811.29361.46851.66511.88562.13292.40982.71963.06583.45233.88334.36354.89805.49246.15286.88588.599410.6993
141.14951.31951.51261.73171.97992.26092.57852.93723.34173.79754.31044.88715.53486.26137.07577.987510.147212.8392
151.16101.34591.55801.80092.07892.39662.75903.17223.64254.17724.78465.47366.25437.13798.13719.265511.973715.4070
161.17261.37281.60471.87302.18292.54042.95223.42593.97034.59505.31096.13047.06738.13729.357610.748014.129018.4884
171.18431.40021.65281.94792.29202.69283.15883.70004.32765.05455.89516.86607.98619.276510.761312.467716.672222.1861
181.19611.42821.70242.02582.40662.85433.37993.99604.71715.55996.54367.69009.024310.575212.375514.462519.673326.6233
191.20811.45681.75352.10682.52703.02563.61654.31575.14176.11597.26338.612810.197412.055714.231816.776523.214431.9480
201.22021.48591.80612.19112.65333.20713.86974.66105.60446.72758.06239.646311.523113.743516.366519.460827.393038.3376
211.23241.51571.86032.27882.78603.39964.14065.03386.10887.40028.949210.803813.021115.667618.821522.574532.323846.0051
221.24471.54601.91612.36992.92533.60354.43045.43656.65868.14039.933612.100314.713817.861021.644726.186438.142155.2061
231.25721.57691.97362.46473.07153.81974.74055.87157.25798.954311.026313.552316.626620.361624.891530.376245.007666.2474
241.26971.60842.03282.56333.22514.04895.07246.34127.91119.849712.239215.178618.788123.212228.625235.236453.109079.4968
251.28241.64062.09382.66583.38644.29195.42746.84858.623110.834713.585517.000121.230526.461932.919040.874262.668695.3962
261.29531.67342.15662.77253.55574.54945.80747.39649.399211.918215.079919.040123.990530.166637.856847.414173.9490114.4755
271.30821.70692.22132.88343.73354.82236.21397.988110.245113.110016.738621.324927.109334.389943.535355.000487.2598137.3706
281.32131.74102.28792.99873.92015.11176.64888.627111.167114.421018.579923.883930.633539.204550.065663.8004102.9666164.8447
291.33451.77582.35663.11874.11615.41847.11439.317312.172215.863120.623726.749934.615844.693157.575574.0085121.5005197.8136
301.34781.81142.42733.24344.32195.74357.612310.062713.267717.449422.892329.959939.115950.950266.211885.8499143.3706237.3763
351.41661.99992.81393.94615.51607.686110.676614.785320.414028.102438.574952.799672.068598.1002133.1755180.3141327.9973590.6682
401.48892.20803.26204.80107.040010.285714.974521.724531.409445.259365.000993.0510132.7816188.8835267.8635378.7212750.37831469.7716
451.56482.43793.78165.84128.985013.764621.002531.920448.327372.8905109.5302163.9876244.6414363.6791538.7693795.44381716.68393657.2620
501.64462.69164.38397.106711.467418.420229.457046.901674.3575117.3909184.5648289.0022450.7359700.23301083.65741670.70383927.35699100.4382

Worked example

What does 1,000 grow to in 5 years at 8 percent?

  1. Read down the 8 percent column to row 5, giving 1.4693.
  2. Multiply: 1000 x 1.4693.

1,469.30 after 5 years.

How these figures were checked

Every factor on this page is recomputed before the site can build, by a separate program that works a different way: repeated multiplication instead of a power function, a period-by-period sum instead of a closed-form annuity factor, and a solved loan schedule instead of a payment formula. If the two methods disagree anywhere, the page does not ship. Printed factor tables carry typos because nobody can check three thousand numbers by hand; this one is checked on every build.

Keep reading

This page is educational material, not financial advice. The figures come from the formula shown and assume the inputs you enter hold for the whole term. Your own rate, fees, taxes and timing will differ, so treat the output as arithmetic to check a decision against, not as a recommendation.