Mathematics & Statistics / Financial Mathematics

Present Value / Future Value Calculator

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Time Value of Money Formulas

Future Value: FV = PV(1 + r)^n

Present Value: PV = FV / (1 + r)^n

FV of Annuity: PMT × [((1 + r)^n - 1) / r]

PV of Annuity: PMT × [(1 - (1 + r)^-n) / r]

Where: r = rate per period, n = total periods