Future value represents the value of a given investment at a specified point in the future, assuming that you are able to grow it at a given rate and accounting for compounding, contributions or withdrawals, and when they happen. The present value of $10,000 will grow to a future value of $10,824 (rounded) at the end of one year when the 8% annual interest rate is compounded quarterly. Future Values for Greater Than One Year To be certain that you understand how the number of periods, n , and the interest rate, i, Example Future Value Calculations: An example you can use in the future value calculator. You have $15,000 savings and will start to save $100 per month in an account that yields 1.5% per year compounded monthly. You will make your deposits at the end of each month.