You can use the following template in order to calculate the *Future Value* using Python:

PV = Present Value r = Interest Rate n = Number of Periods FV = PV*(1+r/100)**n print (FV)

## Steps to Calculate the Future Value using Python

### Step 1: Gather the data

To start, gather the data for the future value calculations.

For example, let’s use the following data:

- Present Value (PV) = 3000
- Interest Rate in % (r) = 5
- Number of periods (n) = 9

The goal is to derive the future value based on the above data.

### Step 2: Get the Future Value using Python

You can use the following template in order to derive the future value using Python:

PV = Present Value r = Interest Rate n = Number of Periods FV = PV*(1+r/100)**n print (FV)

And this is the complete code to get the future value for our example:

PV = 3000 r = 5 n = 9 FV = PV*(1+r/100)**n print (FV)

Run the code and you’ll get the future value of **4653.98**