Wolfram Demonstrations Project

This Demonstration calculates the amount of money that one would need to invest in order to obtain a desired amount of money in the future, given an annual interest rate, compounding period, and total time duration in years. The formula used is

, where

is present value,

is future value,

is the interest rate, and

is the number of periods.

Contributed by: Craig Bauling
Based on a Program by: Sarah Lichtblau

John Webber, Math for Business and Life, South Jordan, UT: Olympus Publishing, 2009.

Future Value Calculator (Wolfram Demonstrations Project)

Present Value (Wolfram MathWorld)

"Present Value Calculator" from the Wolfram Demonstrations Project
http://demonstrations.wolfram.com/PresentValueCalculator/

Contributed by: Craig Bauling

Based on a Program by: Sarah Lichtblau

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Present Value Calculator

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