# Horizon Value Calculator

The Horizon Value Calculator is a simple tool designed to help you estimate the future value of an investment based on the principal amount, interest rate, and time. This handy calculator eliminates the need for complex manual calculations and provides quick results.

### Formula

The formula used by the Horizon Value Calculator is straightforward:

��=�×(1+�100×�)FV=P×(1+100r​×t)

Where:

• ��FV is the future value,
• P is the principal amount,
• r is the interest rate, and
• t is the time in years.

### How to Use

1. Enter the principal amount in the “Principal Amount” field.
2. Input the interest rate (in percentage) in the “Interest Rate (%)” field.
3. Specify the time (in years) in the “Time” field.
4. Click the “Calculate” button to obtain the future value.

### Example

Suppose you invest \$10,000 at an annual interest rate of 5% for 3 years. Using the Horizon Value Calculator, the future value would be calculated as follows:

• Principal Amount (�P): \$10,000
• Interest Rate (�r): 5%
• Time (�t): 3 years

After clicking “Calculate,” the result would be the future value of the investment.

### FAQs

1. Q: Can I use the calculator for different time intervals, like months or days? A: The Horizon Value Calculator currently supports time in years. For shorter intervals, convert the time accordingly.
2. Q: What happens if I enter a negative principal amount? A: The calculator requires a positive principal amount for accurate calculations. Please enter a valid positive value.

### Conclusion

The Horizon Value Calculator simplifies the process of estimating the future value of your investments. By inputting key parameters, you can quickly determine the potential growth of your principal amount over a specified period. Use this tool to make informed financial decisions and plan for a prosperous future.