Discounting Future Value

Discounting the future value is the process of figuring out what that future value is in present-day money. Use this tutorial to learn how to calculate the discounted future value given the future value, periodic interest rate, and number of periods. Continue reading

Calculating Future Value

Future value is a term given to the amount of money we would have at some point in the future, based on what happens between now and then. Use this tutorial to learn how to calculate the future value of an annuity given the present value, periodic interest rate, and number of periods. Continue reading

Annuities – Present Value and Future Value

Annuities are defined as a stream of payments made over time. Use this tutorial to learn how to solve present and future value of annuity problems with financial calculators or spreadsheet functions. Continue reading

Compound Interest Made Simple

Compound interest is the method of finding interest where interest is charged on the principal as well as the interest already accumulated. Review a simpler method for finding compound interest with this tutorial. Continue reading

Rule of 78

The Rule of 78 is a method of allocating interest charges for the life of a loan. Learn how the Rule of 78s works in this tutorial. Continue reading

Simple Interest: Bottomless Worksheet

With this Bottomless Worksheet you can get endless practice on calculating simple interest from the principal amount, number of periods, and interest rate. A printed copy, answer sheet, and another ten problems are all just a button-click away. Continue reading

Present Value: Bottomless Worksheet

Get endless time value of money, discounting to find present value, practice problems with this Bottomless Worksheet. Calculate present value from future value, number of periods, and interest rate. At a button-click it creates ten more problems for you to solve, complete with printed copy and answer sheet. Continue reading

Compound Interest: Bottomless Worksheet

Use this Bottomless Worksheet to get endless practice on Time Value of Money calculations of compound interest from the principal (or present value), number of periods, and interest rate. Ten new problems to solve, a printed copy, and an answer sheet are all only a click away. Continue reading

Simple Interest

Calculating simple interest is a snap with this Formula Solver. Learn how to find the interest using the principal, number of interest periods, and interest rate. Use your own values to check your homework! Continue reading

Present Value

This Flash tutorial walks you through the steps to calculate present value from the future value, interest rate, and number of maturity periods. You can enter your own values, too. Understanding discounting of future values to determine present value is a key concept in understanding the time value of money. The formula for calculating present value is shown here step by step. Continue reading