Present Value of an Annuity Calculator

Present value of a series of equal end-of-period payments. Starting with example numbers — edit any field.

Payment per period

Interest rate per period

Number of periods

Present value

$7,360.09

PV = PMT × [(1 − (1 + r)^−n) / r]

PV = $1,000.00 × [(1 − (1 + 0.0600)^−10) / 0.0600]

PV = $1,000.00 × 7.3601

PV = $7,360.09