Time Value of Money Calculator: Introduction
The Time Value of Money Calculator can be used to perform many
time value of money related calculations including the calculation of
the Present Value or Future Value of a single cash flow or
annuity, the Annuity Payment given the Present or Future Value
of the annuity, and the Nominal Rate which an investment must
earn to grow to a Future Value in a specified number of Periods. The calculator works similarly to the Time Value of Money functions of the Texas Instruments BA II Plus calculator.
 Present Value Field  The Present Value is displayed or
entered in this field.
 Payment Field  The Annuity Payment is displayed or
entered in this field.
 Future Value Field  The Future Value is displayed or
entered in this field.
 Nominal Rate Field  The Nominal Interest Rate is
displayed or entered in this field.
 Periods Field  The number of Periods is displayed or
entered in this field. When the Future Value is nonzero the
number displayed in this field represents the number of periods in
the future in which the Future Value occurs. When the Payment
Field is nonzero the number displayed in this field represents
the number of annuity payments.
 Compounding Field  The value selected in this popup represents the Compounding Frequency of the Nominal Interest Rate. For Annuities, it also represents the Frequency of the Annuity Payments.
 Buttons  Press these buttons to calculate the
corresponding value.
 PV Button  Press to calculate the Present Value.
 PMT Button  Press to calculate the Annuity Payment.
 FV Button  Press to calculate the Future Value.
 Rate Button  Press to calculate the Nominal Interest
Rate.
 Periods Button  Press to calculate the Number of Periods.
Now you are ready to use the Time Value of Money Calculator.
© 2002  2010 by Mark A. Lane, Ph.D.
