Discount a future amount back to its value today using a selected annual discount rate.
Enable JavaScript to use the interactive calculator; the example and formula are described below.
Compound interest, APY, future value and long-term savings-growth calculations.
Enter the requested values above and select Calculate. The result updates immediately on the page, so you can change one value and compare different scenarios without leaving the calculator.
A future $20,000 payment due in ten years can be discounted at 5% to estimate its value today.
Discount a future amount back to its value today using a selected annual discount rate. It is designed for quick estimates and everyday problem solving. When a calculation affects a contract, tax filing, medical decision or other high-stakes situation, verify the result with the appropriate professional or authoritative source.
A $20,000 payment received in 10 years has a present value of about $12,278 at a 5% annual discount rate.
Higher discount rates reduce the present value of the same future amount.
The result assumes one future payment and a constant annual rate, without inflation or risk modeling.
Related tools: Mortgage Calculator · Loan Payment Calculator
Discount a future amount back to its value today using a selected annual discount rate.
PV = FV ÷ (1 + r)^t for annual compounding.
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