Calculate the PV of a future amount.

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Present value is the opposite of future value (FV). Given $1,000 today, it will be worth $1,000 plus the return on investment a year from today. That's future value.

If you are schedule to receive $10,0000 a year from today, what is its value today, assuming a 5.5% annual discount rate? The "annual discount rate" is the rate of return that you expect to receive on your investments. This is a personal number. There is no "right" answer, though you want to use a realistic number based on your investment history. The discount rate will vary from individual to individual.

Enter $10,000 as the future value (never type the currency symbol or commas), set the start date and end date for one year's duration and set the discount rate to 5.5%. Assume monthly compounding and a 365 day year.

The PV is $9,466.04. You could accept $9,466.04 today in lieu of $10,000 in a year. The two amounts are equal.

Date Math: If you change either date, the number of days between the two dates will be calculated. If you enter a positive number of days, the future value date will be updated. If you enter a negative number of days the present value date will be updated.

This format is a little hard to use.

Care to elaborate? What do you mean by format exactly? The layout? More importantly, what do you think would make it betters?

The format is fine. I have used many PV calculators and this one works great. Thanks for this useful tool!

You’re welcome. Happy you found it useful. Please mention this site to your friends and colleagues.

this is very helpful..i now have a “scientific” explanation should i push through with my loan application..many thanks to you..

The print button is not working.

Fixed. Thanks for taking the time to report the problem.