The sum of the initial () and all future investment discounted for the present time:

PV = \sum_{i=0}^t \frac{FV_i}{(1+rr)^i} = -I_0 + \frac{FV_1}{1+r_f} + \frac{FV_2}{(1+r_f)^2} + ... + \frac{FV_t}{(1+r_f)^t}




See also


Economics / Investment / Financial Investment / Financial Investment Metrics