Time Value of Money (TVM) Calculator

Solve for PV, FV, rate, or number of periods. FV = PV × (1 + r)^n.

Use the Time Value of Money (TVM) Calculator

Solve for present value, future value, rate, or number of periods. Lump sum only.

Inputs

Select what to solve for. FV = PV × (1 + r)^n.

Results

Present value
$998

Time Value of Money: FV = PV × (1 + r)^n. Lump sum, no payments.

How this calculator works

FV = PV × (1 + r)^n. Select the variable to solve for and enter the other three.

How to interpret your results

Present value is today's equivalent; future value is what money grows to over time.

FAQs

What is TVM?
Time Value of Money: a dollar today is worth more than a dollar tomorrow due to interest.
What can I solve for?
Present value, future value, rate per period, or number of periods.
Is this for lump sums or annuities?
This calculator handles lump sums. For annuities, use PVIFA or annuity calculators.

Related tools

Time Value of Money (TVM) Calculator

Solve for PV, FV, rate, or number of periods. FV = PV × (1 + r)^n.

Use the Time Value of Money (TVM) Calculator

Solve for present value, future value, rate, or number of periods. Lump sum only.

Inputs

Select what to solve for. FV = PV × (1 + r)^n.

Results

Present value
$998

Time Value of Money: FV = PV × (1 + r)^n. Lump sum, no payments.

How this calculator works

FV = PV × (1 + r)^n. Select the variable to solve for and enter the other three.

How to interpret your results

Present value is today's equivalent; future value is what money grows to over time.

FAQs

What is TVM?
Time Value of Money: a dollar today is worth more than a dollar tomorrow due to interest.
What can I solve for?
Present value, future value, rate per period, or number of periods.
Is this for lump sums or annuities?
This calculator handles lump sums. For annuities, use PVIFA or annuity calculators.

Related tools