Present value calculator

Enter the future value, annual rate, years and compounds per year to get the present value.

Result
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$10,000 due in 8 years at 6% compounded monthly is worth about $6,184 today.

Example

Discount a future amount back to today at a given rate in your browser. Values stay on your device.

$10,000 due in 8 years at 6% compounded monthly is worth about $6,184 today.

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Methodology

PV = FV / (1 + r/n)^(n·t), with r annual rate, n compounds/year and t years.