Time Value of Money Tools

These tools answer one question about money across time: what a sum is worth later, what a future sum is worth now, or what regular payment links the two. Each shows the equation with your numbers.

Tools in this group

• Annuity Calculator — Choose what to find, enter the payment, rate and years, and get the value with the working.
• Effective Annual Rate Calculator — Enter a nominal rate and how often it compounds to see the rate you really earn or pay in a year.
• Future Value Calculator — Enter what you have, what you add each period, the rate and the years, and see what it grows to.
• Japan FP Six Coefficients Calculator — Choose the question, enter an amount, a rate and the years, and get the coefficient and the answer, with the table rounding used in the exams.
• Perpetuity Calculator — Find the value, payment or rate of a payment stream that goes on forever.
• Present Value Calculator — Enter the future amount, the discount rate and the years to see what it is worth today.
• Sinking Fund Calculator — Enter the target, the rate and the time, and get the deposit to make each period.
• TVM Calculator — Pick the value you want, fill in the other four, and get N, I/Y, PV, PMT or FV with the workings.