Present Value Calculator

Use the Present Value Calculator to compute the present value of a specified future amount of money.

The present value is the amount of money you need to invest to achieve a specified future amount of money given a specified discount rate and period in years. Assume you want to have $60,000 in 20 years and the discount rate is 3%. You would need a make a one-time investment of $33,220.55, which is the the present value of $60,000 discounted at 3% for 20 years.