Present Value (PV) Calculator
What It Does:
Calculates the current value of a future sum of money or cash flow, given a specific rate of return (discount rate).
Key Words: Future Value (FV): The amount of money expected in the future.
Discount Rate (r): The interest rate used to discount future cash flows (e.g., 5% = 0.05).
Time Period (n): The number of years or periods remaining before receiving the future amount. Formula:
