Present Value Calculator

Calculate the current value of a future sum of money.

What is Present Value?

Present Value (PV) is the current value of a future sum of money or stream of cash flows given a specified rate of return.

The Time Value of Money

Money available at the present time is worth more than the identical sum in the future due to its potential earning capacity. This core principle of finance holds that, provided money can earn interest, any amount of money is worth more the sooner it is received.

PV = FV / (1 + r)^n