**Free Financial Calculators – New Business Playbook**

This is your resource center for all of our free time value of money calculators. Since it’s sometimes hard to know which one to use for a certain situation, I’ve put in some common examples where each time value of money calculator could be used. If you want some more background into any of the concepts below, check out the free time value of money course that I’ve put together.

**Time Value of Money Calculators**

Present Value Calculator - Use this time value of money calculator if you want to determine how much a one time payment in the future is worth to you today. The present value calculator will help answer questions like: “How much do I have to invest today to have $1000 in the future?”; “If someone offers to pay me $500 in two years if I loan them $450 today, is this a good deal?”; ”If I get a rebate back in four years for $20, how much is that worth to me today?”

Future Value Calculator - Use this calculator to find out how much money you’ll have in the future if you invest a certain amount today. The future value calculator will answer questions such as, “If I save $250 today, how much will I have in four years?”; ”If I have $5000 for saved up for college right now, what will it be worth in when I’m going to school in three years?”

**Annuity Calculators**

Present Value Annuity Calculator - This time value of money calculator is useful if you’re trying to find out how much a routine stream of payments is worth to you today and the payment is at the end of each period. This is the calculator for you if you’re trying to answer questions like, “How much could I sell a certificate today that would give me $100 per year for ten years and the first payment starts in one year?”; “What’s a good price for an annuity that pays $5000 per year for eight years with the first payment starting in one year?”

Future Value Annuity Calculator - The FV annuity calculator is great when trying to find how much money you’ll have in the future by investing on a routine basis when the first payment is at the end of each period. This one answers questions like, “If I invest $100 per year starting at the end of this year, how much will be in my account at the end of ten years?”; ”If I can save $6000 per year for retirement starting at the end of this year, how much money will I have after 30 years?”

Present Value Annuity Due Calculator - The annuity due calculators are very similar to the ordinary annuity calculators above except that the first payment occurs today instead of at the end of the period. This time value of money calculator is really useful when asking questions like, “How much could I sell the right to get $100 payments per year for 10 years if I get the first payment today?”; ”What’s a good price to for an annuity that pays $350 per year starting today for the next five years?”

Future Value Annuity Due Calculator - This time value of money calculator is a lot like the ordinary annuity calculators above except that you make the first contribution today instead of at the end of the period. This calculator helps when trying to figure out, “How much money will I have in five years if I can save $3500 per year starting today?”; ”Will I have enough money to buy a new $10,000 car if I can put in $1800 in my savings account starting today for the next five years?”

Perpetuity Calculator - The perpetuity calculator is great to use if you’re trying to figure out how much a routine payment that goes on forever is worth today. Common questions that this calculator can help answer are, “How much should I pay for an annuity that pays me $200 per year for the rest of my life?”; ”If I wanted to get a lump sum today for a stream of yearly payments that I’d get for life, how much should I expect?”

Time Value of Money Calculators