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Future value

Future value takes your contributions and an assumed annual return and projects forward year by year, compounding each year's balance before adding the next contribution. This product's deterministic projection shows one such path at a single assumed return; the Monte Carlo projection shows a range of possible paths instead, since a single assumed return is only ever one guess.

FV of annuity = P × [((1+r)ⁿ − 1) / r]

This explains what future value measures. It isn't investment advice — see the disclaimer.