TVM Caclulator (Time Value of Money)

This calculator helps you determine the present or future value of money based on the time value of money formulas.

Calculate number of periods

Calculate interest rate

Calculate present value

Calculate payment amount

Calculate future value

Time Value of Money Calculator

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.

Key Features

  • Calculates future value (FV) or present value (PV): Determine the future worth of a current investment or the current value of a future sum, considering interest earned or paid.
  • Handles different compounding periods: Account for annual, semi-annual, quarterly, or even daily compounding to accurately reflect interest accrual.
  • User-friendly interface: Input values for present value, future value, interest rate, number of periods, and compounding frequency, and the calculator instantly provides the result.


The calculator employs the following formulas based on TVM principles:

Future Value (FV):

Present Value (PV):


  • is the present value
  • is the future value
  • is the interest rate
  • is the number of compounding periods per year
  • is the number of years


Understanding TVM is crucial for various financial decisions, including:

  • Investment analysis: Compare different investment options based on their potential returns over time.
  • Loan evaluation: Assess the true cost of borrowing money by considering interest payments.
  • Retirement planning: Calculate how much you need to save now to reach your desired retirement income.
  • Financial planning: Make informed decisions about saving, spending, and investing based on the time value of money.