698 tools
All

Present Value Calculator

Discount a single future amount back to today at a constant annual rate.

 

%

 

 

Present value

About this calculator

Use this present-value calculator for a lump sum you will receive (or pay) later—a savings goal, a balloon, or a simple TVM check. It is one cash flow, not an annuity. Compounding is annual.

PV = future ÷ (1 + rate)^years. Type 5 for a 5% annual rate. Years must be positive. The future amount is treated as non-negative.

Future value: The amount at the end of the horizon, in your currency.

Rate (%): Annual discount rate as a percent, e.g. 5 for 5%.

Years: How many years until that amount.

Present value: What that future amount is worth today.