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Present Value of Annuity Calculator

Today's value of a stream of future payments.

Compute the present value of a series of equal periodic payments to be received in the future, at a chosen discount rate.

Published Last reviewed 1 min read

Inputs

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Results

Enter values and click Calculate to see results.
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How to use this calculator

  1. Fill in the inputs above using the units you already have.
  2. Values update automatically as you type — no submit button needed.
  3. Hover any result row for the underlying formula and intermediate values.

Formula

PV = PMT · (1 − (1 + r)−n) / r

In depth

Compute the present value of a series of equal periodic payments to be received in the future, at a chosen discount rate.