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Present and Future Value Calculator

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TaxTips.ca Calculators  -> Present and Future Value Calculator instructions

The present value is the amount that would have to be invested today at the given rate of return, in order to have the desired amount in the future.
You can use this calculator to determine any of the factors used in the equation.
    Find Future
Value
    Find Present
Value
    Find Rate
of Return
    Find Time
Period
                     
Present value            
                       
Future value            
                     
Nominal interest rate            
                       
Compounding            
                       
Effective annual rate            
                     
Time period      
                       
Each column is calculated independently of the others - enter amounts in any column, then press the Calculate button.
Each year is assumed to be 365 days long.
Most Canadian mortgages are compounded semi-annually.
When amounts are owed to Canada Revenue Agency (CRA), interest is compounded daily.
 
Find future value    
Enter: - the amount to be invested at the start of the time period (present value)
  - the annual interest rate (nominal rate)
  - the type of compounding - daily, bi-weekly, semi-monthly, monthly, semi-annual, or annual
  - the time period (and choose yrs or mos)
  The calculator will show you the amount you will have at the end of the time period (future value).
   
Find present value      
Enter: - the amount you would like to have in the future (future value)
  - the annual interest rate (nominal rate)
  - the type of compounding - daily, bi-weekly, semi-monthly, monthly, semi-annual, or annual
  - the time period (and choose yrs or mos)
  The calculator will show you the amount that would have to be invested to achieve the future value.
 
Find rate of return    
Enter: - the amount to be invested at the start of the time period (present value)
  - the amount you would like to have in the future (future value)
  - the type of compounding - daily, bi-weekly, semi-monthly, monthly, semi-annual, or annual
  - the time period (and choose yrs or mos)
  The calculator will show you the interest rate required to achieve the future value.
 
Find time period    
Enter: - the amount to be invested at the start of the time period (present value)
  - the amount you would like to have in the future (future value)
  - the annual interest rate (nominal rate)
  - the type of compounding - daily, bi-weekly, semi-monthly, monthly, semi-annual, or annual
  The calculator will show you the time period required to achieve the future value.
 

Questions or comments on the Present and Future Value Calculator? 
We normally reply within 1 business day - no reply? Check your spam folder.

Revised: September 19, 2017

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