## Present Value of a Single Sum

It calculates the current value of a single sum to be paid at a specified date in the future. This value is referred to as the present value of a single sum.

## $$\frac{f}{[1+i{]}^{n}}$$

Here,f=future value,i=interest rate,n=number of compounding periods.

ENTER THE VARIABLES TO BE USED IN THE FORMULA