Present Value Calculator
Find what a future sum, or a series of payments, is worth today at a discount rate.
Change the values and press Calculate to work out your own figures.
Of a future sum
Enter the future value, rate per period and periods.
Show the working
- PV = FV ÷ (1 + i)^N
Of periodic payments
Enter the periods, rate and payment.
Show the working
- PV = PMT × (1 − (1 + i)^−N) ÷ i
How to use it
Enter the future value, rate per period and periods. Enter the periods, rate and payment.
Enter amounts without commas or with them; rates are percentages (5 for 5%). Negative amounts are allowed where a sign means money paid out.
Key facts
PV = FV ÷ (1 + i)^N; payments: PMT × (1 − (1 + i)^−N) ÷ i
Questions
What is $1,000 in 10 years at 6% worth today?
$558.39.
What are 5 yearly payments of $2,000 at 6.5% worth today?
$8,311.36.
Formulas
PV = FV ÷ (1 + i)^N; payments: PMT × (1 − (1 + i)^−N) ÷ i
Sources
Limitations
- Results are estimates for planning, not offers or financial advice; lenders and banks may round, count days or time payments differently.
- Rates are nominal annual rates compounded as you choose; payments at a different frequency use the equivalent periodic rate.