WOLFRAM|DEMONSTRATIONS PROJECT

Present Value Calculator

​
compounded
annually
semi-annually
quarterly
monthly
weekly
daily
continuously
% annual interest
3
years
1
future value
100
If money is compounded quarterly
at an annual interest of ​3%
In order to have $100 in 1 year
You will need to invest
$97.06
equivalent annual interest rate is : 3.03%
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
PV=
FV
n
(1+i)
, where
PV
is present value,
FV
is future value,
i
is the interest rate, and
n
is the number of periods.