Calculator

Present Value Calculator

Find out how much a future sum of money is worth today, given a discount rate and time horizon.

← Read the Present Value concept page

Future value (amount you'll receive later)

Annual discount rate

Time horizon (years)

yrs

Compounding frequency

Present value

$20,863.25

Total discount

$29,136.75

Discount as % of future value

58.3%

How the math works

The calculator applies PV = FV / (1 + r/n)^(n×t), where FV is the future amount you entered, r is the annual discount rate as a decimal, n is the number of compounding periods per year (1 for annual compounding), and t is the number of years.

At 6.0% compounded annual, $50,000.00 in 15 years is worth $20,863.25 today — a discount of $29,136.75 (58.3% of the future value).