Future Value Calculator – Auto
Calculate the future value of your auto investments, car savings plan, or vehicle-related financial planning. Plan for your next vehicle purchase or auto investment growth.
Step 1: Investment Details
Understanding Auto Investments
Auto investments typically yield 3-15% annual returns depending on strategy. Consider factors like risk tolerance, time horizon, and vehicle purchase goals when planning.
Step 2: Time & Contributions
About Future Value Calculations
Future value calculates what an investment made today will be worth in the future, accounting for compound interest and regular contributions. The formula accounts for time value of money.
Future Value Results
Future Value
Investment Type Comparison
| Investment Type | Annual Rate | Future Value | Total Interest |
|---|
Year-by-Year Growth
Future Value Formula
FV = PV × (1 + r)^n + PMT × [((1 + r)^n – 1) / r]
Where:
FV = Future Value
PV = Present Value (initial investment)
r = Annual interest rate (decimal)
n = Number of years
PMT = Monthly contribution × 12
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