Calculate present value, future value, interest rates, and time periods. Master the fundamental principle of finance.
Current value of money
Future value of money
Annual discount/growth rate
Number of years
For real value calculations
Core time value of money equations
FV = PV × (1 + r)^n
PV = FV / (1 + r)^n
FV = PV × (1 + r/m)^(m×n)
The time value of money is the fundamental principle that money available today is worth more than the same amount in the future due to its earning potential.
Compare different investment opportunities and expected returns.
Calculate how much to save today for future retirement needs.
Evaluate the true cost of borrowing and lending decisions.
Value companies using discounted cash flow analysis.