ProAPOD Real Estate Investment Software has updated the present value calculation provided in its iCalculator real estate calculator. This will enable users – in addition to calculating the present value of a single future payment – to also calculate the present value for multiple future payments of equal amount.
What This Means
PV Single Payment
This has always been in iCalculator and essentially allows you to calculate the PV of one future lump sum amount. For example, you can determine the present value of $20,000 in three years.
PV Multiple Payment
This newly added calculator allows you to calculate the PV when there are multiple future value amounts of equal amount. For example, you can determine the PV for $5,000 due in one year, two years, three years, and so on.
How to Use
- From the toolbar open Time Value
- On the sidebar menu click Multiple Payment
- In the Present Value Calculator enter Annual discount rate, Number of years, Payment and then click Calculate
So You Know
This updated calculation is FREE to current users of iCalculator. Simply login as normal and start using it.