FV Factor of 3 percent interest (i) and 37 periods(n)

FV Factor of 3 percent interest (i) and 37 periods(n)

To calculate the FV Factor of 3 percent interest (i) and 37 periods(n), we used the following formula:

FV Factor = (1 + i)^n

When we enter 3 percent and 37 periods into our FV factor formula, we get:

FV Factor = (1 + 0.03)^37

Which equals a FV Factor of:

2.985226678

Now you can multiply the FV Factor with any present amount to get the future value, like this:

FV = PV Amount x FV Factor

For your convenience, you can enter your Present Value (PV) amount below and press "Calculate". We will then multiply your amount with the FV Factor above and give you the Future Value Answer.

Remember that the number you enter in the box above is the present value, and the result displayed in green is the future value which should be MORE than the present value.

Also note that we rounded all dollar-amount answers to two decimals.

More helpful information from Research Maniacs:

FV Factor Table Lookup
To look up another FV Factor, simply enter the Interest Rate (i) and the Number of Periods (n) below and press "Get FV Factor".

FV Factor of 3 percent
interest and 38 periods
Go here for the next FV Factor we calculated in our FV Factor Table.