Tvm Calculator
Tvm calculator works out Present value and Future value from Solve for, Present value (amount today) and Future value (amount later). The default figures on this page give present value of 7,413.72; change any entry and the result, the working and the sources update together.
Your figures
Updates as you typeHow this is worked out
5 steps
- Rate per period i = 6% / (100 x 12) = 0.005.
- Number of periods N = 12 x 5 = 60.
- Growth factor (1 + i)^N = 1.3488501525; discount factor 1/(1+i)^N = 0.7413721962.
- No level payments, so the single-sum form FV = PV (1 + i)^N applies.
- Present value 7413.72 grows to future value 10000; interest = FV - PV - payments = 2586.28.
Its 5 worked examples are re-run on every release, last on 15 September 2026. What changed
Sources and references
3 sources
Keep this result
Save it, change one figure, then compare the two
The calculation stays free. Save this scenario, adjust one assumption, save that too, and put them side by side to see exactly what the change costs you. A free account keeps 5 scenarios and 2 comparisons; Personal makes both unlimited and adds exports and private links. Nothing is saved unless you press Save.
What the tvm calculator calculates
Solves the time-value-of-money equation for a single sum plus optional level payments, returning present value, future value, the implied rate or the time required under any compounding frequency.
How to use this tvm calculator
Enter Solve for, Present value (amount today), Future value (amount later) and Annual rate. Present value updates as you type. Change one figure at a time to see what drives the result.
How the result is worked out
Open “How this is worked out” beside the result for the step-by-step calculation behind Present value, Future value and Annual rate.
The method follows Researched contract R2719, Lump-Sum Compound-Interest Calculator, Time-value-of-money identity PV(1+i)^N + PMT((1+i)^N - 1)/i - FV = 0 and US Securities and Exchange Commission (Investor.gov), Compound Interest Calculator.
What you can compare
Change one input at a time to see how it affects Present value, Future value and Annual rate. The inputs you can vary are Solve for, Present value (amount today), Future value (amount later), Annual rate, Compounding periods a year and Number of years.
Results are general information, not financial, tax, legal, medical or engineering advice. Check any decision that matters with a qualified professional.
See something wrong? Report a problem with this calculator
Frequently asked questions
What is a TVM calculator?
Solves the time-value-of-money equation for a single sum plus optional level payments, returning present value, future value, the implied rate or the time required under any compounding frequency. On this page it is computed from Solve for, Present value (amount today) and Future value (amount later) and shown as Present value, Future value and Annual rate.
How to do TVM calculations in Excel?
Solves the time-value-of-money equation for a single sum plus optional level payments, returning present value, future value, the implied rate or the time required under any compounding frequency. Open “How this is worked out” beside the result to see each step for your own figures.
What information do I need for the tvm calculator?
You need Solve for, Present value (amount today), Future value (amount later), Annual rate, Compounding periods a year, Number of years, Payment each period and Payments fall. The page opens with default figures that give present value of 7,413.72, so you can see the scale before entering your own.
What does this tvm calculator show?
It shows Present value, Future value, Annual rate, Years, Compounding periods, Rate per period, Total paid in as payments and Interest earned, with the working and any warnings for your entries.
Can I check how the tvm calculator result was calculated?
Yes. The “How this is worked out” section shows the calculation steps, and the sources section identifies the references used for the method.