Discounting a series
This will calculate: if you have an investment that will pay in equal periodic installments, how much to pay for it today to earn a desired return.
Example: I would like to borrow some money from you today. I can pay you back in equal monthly installments of $450 for 3 years. How much will you be willing to loan me if you get a 12% rate of return?
Note: if you know the loan amount and the monthly payment and you are trying to determine the rate of return, use rate of return on investment. If the loan also ends with a lump sum, use discounting a series with balloon.
Enter the payments