Present Value Calculator

Initializing live version
Download to Desktop

Requires a Wolfram Notebook System

Interact on desktop, mobile and cloud with the free Wolfram Player or other Wolfram Language products.

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 (March 2011)
Based on a Program by: Sarah Lichtblau
Open content licensed under CC BY-NC-SA


Snapshots


Details

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



Feedback (field required)
Email (field required) Name
Occupation Organization
Note: Your message & contact information may be shared with the author of any specific Demonstration for which you give feedback.
Send