This is a tool that calculates the future price of an asset in a futures contract.

Note: The tool does not account for extra convexity in the price which arises from uncertainty in interest rates.

For this calculation, it is necessary to supply the following information:

- The spot price of the asset.
- The term in years of the futures contract, i.e. when the future price needs to be paid.
- The annualised, continuously compounded, risk-free interest rate. This is usually expressed in percentage terms (unless the formatting is explicitly set to express it as a decimal).
- The annualised, continuously compounded, dividend yield. This is usually expressed in percentage terms (unless the formatting is explicitly set to express it as a decimal).

Associated tool link: http://www.coggit.com/tools/future_pricing_calculator.html