Ordinary Annuity Calculator - Present Value

Use this calculator to determine the present value of an ordinary annuity which is a series of equal payments paid at the end of successive periods.

Ordinary Annuity Calculator - Present Value Calculator
Payment ($):
Discount Rate (%):
Number Payments:
Present Value
   Do not enter $ or % in any field.

Computational Notes:

The present value is computed using the following formula: 

PV = P * [(1 - (1 + r)^-n) / r]


Where:

PV = Present Value

P = Payment

r = Discount Rate / 100

n = Number Payments.

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Updated February 25, 2024