Present Value Calculator

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.


John Webber, Math for Business and Life, South Jordan, UT: Olympus Publishing, 2009.
 
Powered by Wolfram Mathematica
Give us your feedback
Give us your feedback

Source page:




 often  occasionally  never

Note: Please do not include anything you consider confidential or proprietary. Your message and contact information may be shared with the author of any specific Demonstration for which you give feedback, but will not otherwise be published or distributed.
Privacy Policy »

Note: To run this Demonstration you need the free
Mathematica Player
or Mathematica 7+
Download or upgrade to Mathematica Player 7
I already have Mathematica Player or Mathematica 7+