Present value

PV=fracFV(1+r)tPV=\\frac{FV}{(1+r)^t}

What it does

Calculates present value from the supplied values.

When to use it

Use this finance formula when the named quantities are known.

Variables

Worked example
{
  "inputs": {
    "rate": 0.1,
    "time": 2,
    "futureValue": 1210
  },
  "result": 1000
}
Common mistakes
Check units, signs, brackets and that every value is entered in the stated units.