This calculator helps you determine the present or future value of money based on the time value of money formulas.
This interactive tool helps you visualize the time value of money (TVM) concept, which states that a sum of money is worth more now than the same sum in the future due to its potential earning capacity.
The calculator employs the following formulas based on TVM principles:
Future Value (FV):
Present Value (PV):
Where:
Understanding TVM is crucial for various financial decisions, including: