Financial calculator

Present Value

Calculate present value using the present value formula.

Future valueAnnual discount rate (%)Years

Present value: -

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Calculation explained

How this result was calculated

The formula, your substituted values, and the evaluated result are shown below.

Reference: Formulae and Tables, State Examinations Commission (2014), page 31.

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How the Present Value works

This calculator applies the formula given in Formulae and Tables, State Examinations Commission (2014), page 31. Enter values in consistent units.

Formula and inputs

future ÷ Math.pow(1+rate ÷ 100,years)

Inputs: Future value, Annual discount rate (%), Years.

Using the result

The result is rounded to 2 decimal places. Check units, assumptions and significant figures before using the answer.