presentValue

presentValue(futureAmount, rate, periods) → number · Financial

Calculate the present value of a future amount given a discount rate and number of periods.

• futureAmount (required): the future amount

• rate (required): discount rate per period (e.g. 0.05 for 5%)

• periods (required): number of periods

presentValue(10000, 0.05, 3)             // ~8638.38 (PV of 10000 in 3 years at 5%)