Financial Calculators

TVM Calculator - Time Value of Money Calculator

TVM Calculator - Time Value of Money Calculator

Time Value of Money (TVM) Calculator

🧮 Time Value of Money (TVM) Calculator

This calculator is an essential tool for finance, helping you determine the value of money over a period of time, factoring in interest rates. You can solve for any of the five core financial variables: **Present Value (PV)**, **Future Value (FV)**, **Payment (PMT)**, **Number of Periods (N)**, or **Interest Rate (i)**. Enter the known values, select the variable you wish to solve for, and click 'Calculate' to project the growth of your investments, determine loan payments, or assess the cost of debt.

Present Value ($)

Future Value ($)

Payment (PMT) ($)

Number of Periods (n)

Interest Rate (i / r) (%)

Compounding Frequency

Payment Timing

Solve For

📊 Calculation Results

Statistics Visualizer: (Placeholder for Chart showing growth/balance)

Calculated Value (FV) --

Total Contributions / Payments --

Total Interest Earned / Paid --

Amortization Schedule: (Available only when solving for PMT or N)

📚 Frequently Asked Questions (FAQ)

Q: What is the difference between an Annuity Due and an Ordinary Annuity?

A: An **Ordinary Annuity** has payments made at the **end** of the period (e.g., a mortgage payment). An **Annuity Due** has payments made at the **beginning** of the period (e.g., rent). Annuities Due generally have a higher future value because the payment earns interest for one extra period.

Q: Why is the Interest Rate entered as a percentage, but used as a decimal?

A: The input is a user-friendly percentage (e.g., 5), but the underlying calculation requires the decimal form (0.05). The calculator handles this conversion internally for you.

Financial Calculators

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