How it works
Value equal payments made at the end of each period. At zero interest, present value equals the sum of payments.
PV = PMT[1−(1+r)⁻ⁿ]/r
Worked example
Show example inputs and result
Payment per period: 1,000 · Rate per period: 1 · Number of payments: 24.
- Result
- 21,243.38725763
Questions and answers
Why are some results rounded?
Results display up to 8 decimal places. Calculations use the unrounded values; very small values use scientific notation. JavaScript floating-point arithmetic can introduce tiny rounding differences.
Are my inputs sent to a server?
The calculator processes inputs in your browser. Its code does not send your values to a server.
Method reviewed: October 8, 2026 · Methods & accuracy