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.