Present Value Calculator

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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.
Permanent Citation
"Present Value Calculator"
http://demonstrations.wolfram.com/PresentValueCalculator/
Wolfram Demonstrations Project
Published: March 7 2011