Finance Calculator: PV, FV, Rate & Payment Calculator
Free online finance calculator to solve for present value, future value, interest rate, number of periods, or payment amount. Perfect for investment analysis, loan calculations, and financial planning.
Category: Financial
Frequently Asked Questions
What is a finance calculator?
A finance calculator is a tool that helps you perform time value of money calculations. It can calculate present value (PV), future value (FV), payment amounts (PMT), interest rates, or the number of periods, making it invaluable for investment planning, loan analysis, and other financial decisions.
How do I calculate present value (PV)?
Present value is calculated by selecting 'Present Value (PV)' from the calculation type dropdown, then entering the future value, interest rate, number of periods, and payment amount. The calculator will determine how much money you would need to invest today to reach your financial goal.
What is the difference between present value and future value?
Present value (PV) is the current worth of a future sum of money, while future value (FV) is what an investment will be worth after a certain period given a specific interest rate. PV looks backward from the future to determine today's value, while FV projects forward to see what today's money will be worth.
How can I determine how many periods it will take to reach my financial goal?
To find the number of periods (NPER), select that calculation type and input the present value, future value, interest rate, and payment amount. The calculator will determine how many periods (months, years, etc.) it will take to reach your financial target.
How accurate is the interest rate calculation?
The interest rate calculation uses an iterative approach to approximate the rate, typically accurate to within 0.001%. For complex scenarios with very large numbers or extreme values, you may want to verify results with multiple calculation methods.