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pv_fv - Present Value of \$1 to Be Paid in the Future This...

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Present Value of \$1 to Be Paid in the Future This table shows how much \$1, to be paid at the end of various periods in the future, is currently worth, with interest at different rates, compounded annually. To use the table, find the vertical column under your interest rate (or cost of capital). Then find the horizontal row corresponding to the number of years it will take to receive the payment. The point at which the column and the row intersect is your present value of \$1. You can multiply this value by the number of dollars you expect to receive, in order to find the present value of the amount you expect. An example showing how to use this table to find the Net Present Value of a major purchase or project follows the table. Present Value of \$1 to be Paid in Future Years 3.0% 3.5% 4.0% 4.5% 1 \$0.970874 \$0.966184 \$0.961538 \$0.956938 2 \$0.942596 \$0.933511 \$0.924556 \$0.915730 3 \$0.915142 \$0.901943 \$0.888996 \$0.876297 4 \$0.888487 \$0.871442 \$0.854804 \$0.838561 5 \$0.862609 \$0.841973 \$0.821927 \$0.802451 6 \$0.837484 \$0.813501 \$0.790315 \$0.767896 7 \$0.813092 \$0.785991 \$0.759918 \$0.734828 8 \$0.789409 \$0.759412 \$0.730690 \$0.703185 9 \$0.766417 \$0.733731 \$0.702587 \$0.672904 10 \$0.744094 \$0.708919 \$0.675564 \$0.643928 11 \$0.722421 \$0.684946 \$0.649581 \$0.616199 12 \$0.701380 \$0.661783 \$0.624597 \$0.589664 13 \$0.680951 \$0.639404 \$0.600574 \$0.564272 14 \$0.661118 \$0.617782 \$0.577475 \$0.539973 15 \$0.641862 \$0.596891 \$0.555265 \$0.516720 16 \$0.623167 \$0.576706 \$0.533908 \$0.494469 17 \$0.605016 \$0.557204 \$0.513373 \$0.473176 18 \$0.587395 \$0.538361 \$0.493628 \$0.452800 19 \$0.570286 \$0.520156 \$0.474642 \$0.433302 20 \$0.553676 \$0.502566 \$0.456387 \$0.414643 21 \$0.537549 \$0.485571 \$0.438834 \$0.396787 22 \$0.521893 \$0.469151 \$0.421955 \$0.379701 23 \$0.506692 \$0.453286 \$0.405726 \$0.363350 24 \$0.491934 \$0.437957 \$0.390121 \$0.347703 25 \$0.477606 \$0.423147 \$0.375117 \$0.332731 Years 5.0% 5.5% 6.0% 6.5% 1 \$0.952381 \$0.947867 \$0.943396 \$0.938967 2 \$0.907029 \$0.898452 \$0.889996 \$0.881659 3 \$0.863838 \$0.851614 \$0.839619 \$0.827849 4 \$0.822702 \$0.807217 \$0.792094 \$0.777323 5 \$0.783526 \$0.765134 \$0.747258 \$0.729881

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6 \$0.746215 \$0.725246 \$0.704961 \$0.685334 7 \$0.710681 \$0.687437 \$0.665057 \$0.643506 8 \$0.676839 \$0.651599 \$0.627412 \$0.604231 9 \$0.644609 \$0.617629 \$0.591898 \$0.567353 10 \$0.613913 \$0.585431 \$0.558395 \$0.532726 11 \$0.584679 \$0.554911 \$0.526788 \$0.500212 12 \$0.556837 \$0.525982 \$0.496969 \$0.469683 13 \$0.530321 \$0.498561 \$0.468839 \$0.441017 14 \$0.505068 \$0.472569 \$0.442301 \$0.414100 15 \$0.481017 \$0.447933 \$0.417265 \$0.388827 16 \$0.458112 \$0.424581 \$0.393646 \$0.365095 17 \$0.436297 \$0.402447 \$0.371364 \$0.342813 18 \$0.415521 \$0.381466 \$0.350344 \$0.321890 19 \$0.395734 \$0.361579 \$0.330513 \$0.302244 20 \$0.376889 \$0.342729 \$0.311805 \$0.283797 21 \$0.358942 \$0.324862 \$0.294155 \$0.266476 22 \$0.341850 \$0.307926 \$0.277505 \$0.250212 23 \$0.325571 \$0.291873 \$0.261797 \$0.234941 24 \$0.310068 \$0.276657 \$0.246979 \$0.220602 25 \$0.295303 \$0.262234 \$0.232999 \$0.207138 Years 7.0% 7.5% 8.0% 8.5% 1 \$0.934579 \$0.930233 \$0.925926 \$0.921659 2 \$0.873439 \$0.865333 \$0.857339 \$0.849455 3 \$0.816298 \$0.804961 \$0.793832 \$0.782908 4 \$0.762895 \$0.748801 \$0.735030 \$0.721574 5 \$0.712986 \$0.696559 \$0.680583 \$0.665045 6 \$0.666342 \$0.647962 \$0.630170 \$0.612945 7 \$0.622750 \$0.602755 \$0.583490 \$0.564926 8 \$0.582009 \$0.560702 \$0.540269 \$0.520669 9 \$0.543934 \$0.521583 \$0.500249 \$0.479880 10 \$0.508349 \$0.485194 \$0.463193 \$0.442285 11 \$0.475093 \$0.451343 \$0.428883 \$0.407636 12 \$0.444012 \$0.419854 \$0.397114 \$0.375702 13 \$0.414964 \$0.390562 \$0.367698 \$0.346269 14 \$0.387817 \$0.363313 \$0.340461 \$0.319142 15 \$0.362446 \$0.337966 \$0.315242 \$0.294140 16 \$0.338735 \$0.314387 \$0.291890 \$0.271097 17 \$0.316574 \$0.292453 \$0.270269 \$0.249859 18 \$0.295864 \$0.272049 \$0.250249 \$0.230285 19 \$0.276508 \$0.253069 \$0.231712 \$0.212244 20 \$0.258419 \$0.235413 \$0.214548 \$0.195616 21 \$0.241513 \$0.218989 \$0.198656 \$0.180292 22 \$0.225713 \$0.203711 \$0.183941 \$0.166167 23 \$0.210947 \$0.189498 \$0.170315 \$0.153150 24 \$0.197147 \$0.176277 \$0.157699 \$0.141152 25 \$0.184249 \$0.163979 \$0.146018 \$0.130094 Years 9.0% 9.5% 10.0% 10.5%
1 \$0.917431 \$0.913242 \$0.909091 \$0.904977 2 \$0.841680 \$0.834011 \$0.826446 \$0.818984 3 \$0.772183 \$0.761654 \$0.751315 \$0.741162 4 \$0.708425 \$0.695574 \$0.683013 \$0.670735 5 \$0.649931 \$0.635228 \$0.620921 \$0.607000 6 \$0.596267 \$0.580117 \$0.564474 \$0.549321 7 \$0.547034 \$0.529787 \$0.513158 \$0.497123 8 \$0.501866 \$0.483824 \$0.466507 \$0.449885 9 \$0.460428 \$0.441848 \$0.424098 \$0.407136 10 \$0.422411 \$0.403514 \$0.385543 \$0.368449 11 \$0.387533 \$0.368506 \$0.350494 \$0.333438 12 \$0.355535 \$0.336535 \$0.318631 \$0.301754 13 \$0.326179 \$0.307338 \$0.289664 \$0.273080 14 \$0.299246 \$0.280674 \$0.263331 \$0.247132 15 \$0.274538 \$0.256323 \$0.239392 \$0.223648 16 \$0.251870 \$0.234085 \$0.217629 \$0.202397 17 \$0.231073 \$0.213777 \$0.197845 \$0.183164 18 \$0.211994 \$0.195230 \$0.179859 \$0.165760 19 \$0.194490 \$0.178292 \$0.163508

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