Unlock the power of the time value of money with our comprehensive Present Value (PV) and Future Value (FV) Calculator. Determine what a future sum is worth today or project the growth of your current investments. Ideal for students, investors, and financial planners, this tool simplifies complex financial computations.
Formula:
Future Value (FV) Formula:
FV = PV × (1 + r)n
Present Value (PV) Formula:
PV = FV ÷ (1 + r)n
Where:
- PV = Present Value (the current worth of a future sum of money)
- FV = Future Value (the value of an asset or cash at a specified date in the future)
- r = Interest Rate per period (as a decimal)
- n = Number of Compounding Periods