Present Value Calculator | PV of Future Cash Flows

Present Value is the current worth of a future sum of money given a specified discount rate. It reflects the core finance principle that a dollar today is worth more than a dollar in the future because today you can invest it and earn returns.

PV = FV / (1 + r)^n, where FV is the future value, r is the discount rate per period, and n is the number of periods. For an annuity (series of equal payments), PV = PMT x [1 - (1+r)^(-n)] / r. This calculator applies both formulas automatically based on your inputs.

The discount rate reflects the opportunity cost of capital or required rate of return. Common choices include the risk-free rate (e.g., 3-5% for US Treasuries), your cost of capital (WACC), or the expected return of your alternative investment. Higher rates reduce present value; lower rates increase it.

PV (Present Value) discounts a single future cash flow or annuity to today. NPV (Net Present Value) sums the present values of multiple future cash flows and subtracts the initial investment. A positive NPV means the investment creates value; a negative NPV means it destroys value.

Yes! In guest mode, you can export your calculations to JSON format. Sign in is required for PDF and CSV export. Click the export button to download your results. This is perfect for record-keeping, sharing with others, or importing into other tools.

Yes! Your calculation history is automatically saved. Guest users can save up to 50 calculations per workspace locally. Sign in for free to save up to 100 calculations per workspace, with access from any device when logged in.

Absolutely! The Present Value Calculator is completely free with no sign-up required. Create a free account to unlock additional features like more calculation history, multiple workspaces, and the ability to access your saved data from any device.