Finance Calculator
Time Value of Money
The time value of money (TVM) is the concept that money available today is worth more than the same amount in the future due to its earning potential.
Key Variables
- PV: Present Value
- FV: Future Value
- PMT: Payment per period
- N: Number of periods
- I/Y: Interest rate per period
💡 Tips
- Money today is worth more than money tomorrow
- Use TVM to compare investment opportunities
- Consider inflation when calculating future values