Finance Calculator
This finance calculator can be used to calculate the future value (FV), periodic payment (PMT), interest rate (I/Y), number of compounding periods (N), and PV (Present Value). Each of the tabs represents the parameters to be calculated. It works the same way as the 5-key time value of money calculators, such as BA II Plus or HP 12CP calculator.
The Time Value of Money (TVM)
The "time value of money" refers to the fact that a dollar in hand today is worth more than a dollar promised at some future time. This is the foundation of finance and the basis for all financial calculations.
Key Components
- Present Value (PV): The current value of money
- Future Value (FV): The value of money at a future date
- Periodic Payment (PMT): Regular payments made or received
- Interest Rate (I/Y): The annual interest rate
- Number of Periods (N): The number of compounding periods
How to Use
Select the tab for the value you want to calculate, enter the known values, and click Calculate. The calculator will compute the missing value using the time value of money formulas.
Applications
- Investment Planning: Calculate future returns on investments
- Loan Analysis: Determine loan payments and total interest
- Retirement Planning: Project retirement savings growth
- Educational Planning: Calculate savings needed for education
- Business Finance: Evaluate investment opportunities
Related Calculators
Loan Calculator | Interest Calculator | Investment Calculator