{"id":9,"date":"2025-04-27T17:32:09","date_gmt":"2025-04-27T17:32:09","guid":{"rendered":"https:\/\/fincalcs.co.za\/?page_id=9"},"modified":"2025-04-28T13:24:40","modified_gmt":"2025-04-28T13:24:40","slug":"future-value-calculator","status":"publish","type":"page","link":"https:\/\/fincalcs.co.za\/index.php\/future-value-calculator\/","title":{"rendered":"Annuity Calculator"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"9\" class=\"elementor elementor-9\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9a1153d e-flex e-con-boxed e-con e-parent\" data-id=\"9a1153d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3da3ea8 elementor-widget elementor-widget-html\" data-id=\"3da3ea8\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"calculator\">\r\n  <h2>Annuity Future Value Calculator<\/h2>\r\n\r\n  <label>Present Value (R):<\/label>\r\n  <input type=\"number\" id=\"pv\" \/><br>\r\n\r\n  <label>Monthly Contribution (R):<\/label>\r\n  <input type=\"number\" id=\"pmt\" \/><br>\r\n\r\n  <label>Annual Interest Rate (%):<\/label>\r\n  <input type=\"number\" id=\"rate\" step=\"0.01\" \/><br>\r\n\r\n  <label>Escalation Rate on Contribution (%):<\/label>\r\n  <input type=\"number\" id=\"escalation\" step=\"0.01\" \/><br>\r\n\r\n  <label>Escalation Frequency:<\/label>\r\n  <select id=\"escalationType\">\r\n    <option value=\"monthly\">Monthly<\/option>\r\n    <option value=\"yearly\">Yearly<\/option>\r\n  <\/select><br>\r\n\r\n  <label>Compounding Frequency:<\/label>\r\n  <select id=\"compoundingType\">\r\n    <option value=\"monthly\">Monthly<\/option>\r\n    <option value=\"quarterly\">Quarterly<\/option>\r\n    <option value=\"annually\">Annually<\/option>\r\n  <\/select><br>\r\n\r\n  <label>Years:<\/label>\r\n  <input type=\"number\" id=\"years\" \/><br>\r\n\r\n  <button onclick=\"calculateFV()\">Calculate Future Value<\/button>\r\n\r\n  <h3 id=\"result\"><\/h3>\r\n<\/div>\r\n\r\n<style>\r\n.calculator {\r\n  background: #f9fafb;\r\n  padding: 20px;\r\n  max-width: 500px;\r\n  margin: 20px auto;\r\n  border-radius: 12px;\r\n  box-shadow: 0 4px 8px rgba(0,0,0,0.1);\r\n  font-family: Arial, sans-serif;\r\n}\r\n\r\n.calculator h2 {\r\n  text-align: center;\r\n  margin-bottom: 20px;\r\n}\r\n\r\n.calculator label {\r\n  display: block;\r\n  margin-top: 10px;\r\n  font-weight: bold;\r\n}\r\n\r\n.calculator input,\r\n.calculator select {\r\n  width: 100%;\r\n  padding: 8px;\r\n  margin-top: 5px;\r\n  border: 1px solid #ccc;\r\n  border-radius: 6px;\r\n}\r\n\r\n.calculator button {\r\n  width: 100%;\r\n  margin-top: 20px;\r\n  padding: 10px;\r\n  background: #007bff;\r\n  color: white;\r\n  border: none;\r\n  border-radius: 6px;\r\n  cursor: pointer;\r\n  font-size: 16px;\r\n}\r\n\r\n.calculator button:hover {\r\n  background: #0056b3;\r\n}\r\n\r\n#result {\r\n  text-align: center;\r\n  margin-top: 20px;\r\n  color: #2c7a7b;\r\n}\r\n<\/style>\r\n\r\n<script>\r\nfunction calculateFV() {\r\n    let pv = parseFloat(document.getElementById('pv').value) || 0;\r\n    let pmt = parseFloat(document.getElementById('pmt').value) || 0;\r\n    let rate = parseFloat(document.getElementById('rate').value) \/ 100;\r\n    let escalation = parseFloat(document.getElementById('escalation').value) \/ 100;\r\n    let years = parseFloat(document.getElementById('years').value) || 0;\r\n    let escalationType = document.getElementById('escalationType').value;\r\n    let compoundingType = document.getElementById('compoundingType').value;\r\n\r\n    let balance = pv;\r\n    let contribution = pmt;\r\n\r\n    if (compoundingType === \"monthly\") {\r\n        let months = years * 12; \/\/ Total months for monthly compounding\r\n        for (let month = 1; month <= months; month++) {\r\n            \/\/ Add the contribution every month\r\n            balance += contribution;\r\n\r\n            \/\/ Apply monthly compounding every month\r\n            balance *= (1 + rate \/ 12); \/\/ Monthly compounding\r\n\r\n            \/\/ Escalation handling\r\n            if (escalationType === \"monthly\") {\r\n                contribution *= (1 + escalation \/ 12);\r\n            } else if (escalationType === \"yearly\" && month % 12 === 0) {\r\n                contribution *= (1 + escalation);\r\n            }\r\n        }\r\n    } else if (compoundingType === \"quarterly\") {\r\n        let quarters = years * 4; \/\/ Total quarters for quarterly compounding\r\n        for (let quarter = 1; quarter <= quarters; quarter++) {\r\n            \/\/ Add the contribution at the start of each quarter\r\n            balance += contribution * 3; \/\/ Add three months of contributions for quarterly compounding\r\n\r\n            \/\/ Apply quarterly compounding every 3 months\r\n            balance *= (1 + rate \/ 4); \/\/ Quarterly compounding\r\n\r\n            \/\/ Escalation handling\r\n            if (escalationType === \"monthly\") {\r\n                contribution *= (1 + escalation \/ 12);\r\n            } else if (escalationType === \"yearly\" && quarter % 4 === 0) {\r\n                contribution *= (1 + escalation);\r\n            }\r\n        }\r\n    } else if (compoundingType === \"annually\") {\r\n        for (let year = 1; year <= years; year++) {\r\n            \/\/ Add the contribution at the start of each year\r\n            balance += contribution * 12; \/\/ Add twelve months of contributions for annual compounding\r\n\r\n            \/\/ Apply annual compounding at the end of each year\r\n            balance *= (1 + rate); \/\/ Annual compounding\r\n\r\n            \/\/ Escalation handling\r\n            if (escalationType === \"monthly\") {\r\n                contribution *= (1 + escalation \/ 12);\r\n            } else if (escalationType === \"yearly\" && year % 1 === 0) {\r\n                contribution *= (1 + escalation);\r\n            }\r\n        }\r\n    }\r\n\r\n    \/\/ Display final result\r\n    document.getElementById('result').innerText = \"Future Value: R\" + balance.toFixed(2);\r\n}\r\n<\/script>\r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Annuity Future Value Calculator Present Value (R): Monthly Contribution (R): Annual Interest Rate (%): Escalation Rate on Contribution (%): Escalation Frequency: MonthlyYearly Compounding Frequency: MonthlyQuarterlyAnnually Years: Calculate Future Value<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_kadence_starter_templates_imported_post":false,"_kad_post_transparent":"","_kad_post_title":"hide","_kad_post_layout":"fullwidth","_kad_post_sidebar_id":"","_kad_post_content_style":"unboxed","_kad_post_vertical_padding":"hide","_kad_post_feature":"hide","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"class_list":["post-9","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/fincalcs.co.za\/index.php\/wp-json\/wp\/v2\/pages\/9","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fincalcs.co.za\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/fincalcs.co.za\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/fincalcs.co.za\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fincalcs.co.za\/index.php\/wp-json\/wp\/v2\/comments?post=9"}],"version-history":[{"count":83,"href":"https:\/\/fincalcs.co.za\/index.php\/wp-json\/wp\/v2\/pages\/9\/revisions"}],"predecessor-version":[{"id":133,"href":"https:\/\/fincalcs.co.za\/index.php\/wp-json\/wp\/v2\/pages\/9\/revisions\/133"}],"wp:attachment":[{"href":"https:\/\/fincalcs.co.za\/index.php\/wp-json\/wp\/v2\/media?parent=9"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}