Present Value Calculator
PV = FV ÷ (1 + r)^n15000 ÷ (1.05)^10 = 15000 ÷ 1.629 = $9,208
Free online tool
Present Value Calculator
Enter a future amount, discount rate and years to find its value today.
Instant calculation
Present Value Calculator
Enter a future amount, discount rate and years to find its value today.
Your result
Calculation
Your numbers stay in this browser. Nothing is uploaded or saved.
Three clear steps
How to use this calculator
- 01
Enter future value
Type the amount you expect in the future.
- 02
Set rate and years
Enter the discount rate and number of years.
- 03
See present value
Calculate to see what that future amount is worth today.
The formula
How this calculation works
Discounts a future amount back to today's value using the time value of money.
Check the method
Worked examples
Each example follows the same formula used by the calculator.
What is $15,000 in 10 years worth today at 5%?
15000 ÷ (1.05)^10 = 15000 ÷ 1.629 = $9,208$9,208.70Common questions
Questions about this calculation
What is the Present Value Calculator?
The Present Value Calculator helps you calculate the present value of a future sum discounted at a given rate. Enter your values and select Calculate to get an instant result.
How is the result calculated?
Discounts a future amount back to today's value using the time value of money.
Can you show an example?
Example: What is $15,000 in 10 years worth today at 5%? — $9,208.70.
Is my data saved when I use the Present Value Calculator?
No. All calculations run locally in your browser. Your inputs and results are never uploaded, stored or shared with anyone.
Is the Present Value Calculator free to use?
Yes. The Present Value Calculator is completely free. No account, sign-up or payment is required. It works on mobile, tablet and desktop.
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