Present Value of Annuity

Find what a series of future equal payments is worth in today's dollars at a given discount rate.

Annuity Details

Results

Present Value

Total Payments

Interest Component

Annuity Factor (PVIFA):
Discount from Total:

Formula

PVA = PMT x [(1 - (1 + r)^-n) / r]

Where PMT = periodic payment, r = discount rate per period, n = number of periods.

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