This is a tool that enables you to calculate one of the factors associated with the time value of a single amount of money: the future value, the present value, the annual interest rate or the term for the value change. For example, the tool could be used to calculate the time needed or the interest rate required to double your investment.

The tool is multi-directional and, therefore, determines the information that needs to be calculated based on which data has been entered. In other words, if three out of the present value, the term, the annual interest rate or the future value are entered, the tool calculates the remaining one. When further data changes are made, the tool re-calculates the same time value factor unless that factor is itself changed or a different data field is cleared.

In more detail, the information that can be entered and/or calculated is:

Associated tool link: