United States version
What this tool answers
This tool accumulates a sequence of unequal cash flows to the same future period. The timing of each entry matters because earlier amounts grow for more periods than later amounts.
Formula
FV_N = Σ CF_t × (1 + i)^(N − t).
Worked example: Three deposits accumulated to period three
Deposits of $1,000 at period 0, $500 at period 1 and $1,500 at period 2 grow at 4% per period to $3,225.664 at period 3, displayed as $3,225.66. This uses different amounts and timing from the present-value example.
Load these worked-example inputs
Limitations
The periodic rate is assumed constant. Use matching cash-flow and rate periods. Tax, charges and variable returns are outside this arithmetic example.
Frequently asked questions
Why does the earliest deposit grow for longer?
Its exponent is the future target period minus its own earlier period index.
Can the target period differ from the last deposit period?
Yes. The target specifies the common period to which each entry is moved.
Does this cash-flow result assume a guaranteed return?
No. The rate is supplied by the user and is not a promise of investment performance.