Present Value Calculator

Calculate what a future amount is worth in today's dollars, discounted at a given rate.

Present Value
$4,172.65

How This Works

Present value discounts a future amount back to today's dollars, answering "what is that future money worth right now?" using a given rate of return.

Formula

PV = FV ÷ (1 + r)ᵤ

Example

$10,000 received 15 years from now, discounted at 6%, is worth about $4,173 today.

Frequently Asked Questions

What is the present value of $10,000 at 6% over 15 years?

$4,172.65.