Time Value of Money (TVM)
Finance & LoansSolve Time Value of Money (TVM) equations for Present Value (PV), Future Value (FV), Periodic Payment (PMT), Interest Rate (I/Y), or Number of Periods (N) for annuities and loans.
Future value
About this calculator
The Time Value of Money is the foundational principle of corporate finance and investment analysis: a dollar today is worth more than a dollar in the future due to its earning capacity.
This TVM solver lets you specify any four variables among Present Value, Future Value, Periodic Payment, Interest Rate, and Number of Periods to solve for the fifth unknown parameter for both ordinary annuities and annuities due.
How It Works & Formula
Solves the standard financial annuity equation: PV(1+r)ᴺ + PMT[(1+r)ᴺ - 1]/r + FV = 0 using exact closed-form algebraic solutions or Newton-Raphson iteration for interest rate.
Related Calculators
View All (33)Loan & Mortgage Calculator
Calculate monthly payments, total interest, and full amortization breakdown for mortgages and personal loans.
Compound Interest Calculator
Estimate investment growth with compound frequency, initial principal, and regular monthly contributions.
Auto Loan Calculator
Calculate monthly car payments factoring in trade-in value, down payment, sales tax, and loan term.
ROI & Investment Return
Measure Return on Investment, annualized ROI, and net profit from any financial project.