Present Value Calculator
Calculate the present value of a future sum or cash flow using a discount rate, free and instant right in your browser.
Enter Values
Before you rely on this: First-pass guide only. Verify safety-critical or regulated work against the relevant standards, your project requirements and a qualified professional.
How to use this calculator
- Enter the future value, rate and years.
- Press Calculate.
How it works
Present value = future value ÷ (1 + rate)^years — what a future amount is worth today, discounted at the given rate.
Worked example
$1,210 in 2 years at 10%. = $1,000 today.
Common mistakes
- Confusing present value with future value — PV discounts a future amount back to today.
- Using the wrong discount rate; small changes move PV a lot over long periods.
Frequently asked questions
What is present value?
What a future amount of money is worth today, discounted at a chosen rate.
What discount rate should I use?
Often your expected return or cost of capital — a higher rate gives a lower present value.
What is discounting?
Reducing a future amount to today's value, because money now is worth more than the same money later. The rate used is the discount rate.
Related tools
- Future Value Calculator
- Compound Interest Calculator
- Inflation Calculator
- Savings Goal Calculator
- Rule of 72 Calculator
- APY Calculator
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Cite this tool
Zerdly. (2026). Present Value Calculator. Retrieved from https://www.zerdly.com/tools/present-value-calculator/
Tip: Enter any known values to calculate the remaining results.
Designed to run locally in your browser. Tool inputs are not intentionally stored by Zerdly unless stated otherwise.