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Excel PV Formula

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PV(rate, nper, pmt, [fv], [type])

Quick context

  • Works in both Excel and Google Sheets.
  • Use when you need consistent, auditable results.
  • Copy the snippet above and adjust only the ranges.

When to use

Calculates the present value of a loan or an investment, based on a constant interest rate.

Determine the current worth of a future sum of money.

Calculate Present Value

Determine the current worth of a future sum of money.

Inputs

  • rate Interest rate per period.
  • nper Total number of payment periods.
  • pmt Payment made each period.

Practical Example

=PV(0.08, 10, 0, 10000)

Disclaimer: While we strive for accuracy, these formulas are provided "as is" without warranty of any kind. Please verify all results before use.