# Present Value Calculator

> Find the current value of a future amount at a chosen discount rate.

Page: https://askcalculators.com/calculator/present-value-calculator/
Definition: https://askcalculators.com/calculator/present-value-calculator/definition.json
JSON Schema: https://askcalculators.com/calculator/present-value-calculator/schema.json
Version: 1.0.0
Maintained by: AskCalculators (software project; not a credentialed reviewer)
Qualified review: pending. Automated checks do not establish professional approval.
Page status: Live
Review status: Pending

## Use
Open the calculator page and enter values. Query-string parameters can restore and bookmark a calculation.
Example: https://askcalculators.com/calculator/present-value-calculator/?futureValue=20000&annualRate=6&years=5&compounding=12

## Inputs
- futureValue: Future value; type=money; required; default=20000; min=0
- annualRate: Annual discount rate; type=percent; required; default=6; min=-99; max=100
- years: Years; type=number; required; default=5; min=0; max=200
- compounding: Compounding periods per year; type=select; required; default=12; values=1|4|12|365

## Outputs
- presentValue: Present value; format=currency; primary
- discountAmount: Discount amount; format=currency
- discountFactor: Discount factor; format=number

## Formula
PV = FV ÷ (1 + r/m)ᵐᵗ

## Rules
- Empty optional inputs are undefined, not zero.
- Hidden conditional inputs are ignored.
- Do not invent missing required inputs.