![]() This is the basis of the concept of interest payments a good example is when money is deposited in a savings account, small dividends are received for leaving the money with the bank the financial institution pays a small price for having that money at hand. The "time value of money" refers to the fact that a dollar in hand today is worth more than a dollar promised at some future time. Would you rather have this money repaid to you right away in one payment or spread out over a year in four installment payments? How would you feel if you had to wait to get the full payment instead of getting it all at once? Wouldn't you feel that the delay in the payment cost you something?Īccording to a concept that economists call the "time value of money," you will probably want all the money right away because it can immediately be deployed for many different uses: spent on the lavish dream vacation, invested to earn interest, or used to pay off all or part of a loan. Periodic Payment (PMT) can be included but is not a required element. In basic finance courses, lots of time is spent on the computation of the time value of money, which can involve 4 or 5 different elements, including Present Value (PV), Future Value (FV), Interest Rate (I/Y), and Number of Periods (N). Linking to our articles through Facebook, Twitter, Linkedin, and others via services like "ShareThis" or "Buffer" is approved for all articles and content.Related Loan Calculator | Interest Calculator | Investment Calculator You can copy and paste these links into a blog, social media, and web pages. Usage: Calculators, anyone can Bookmark or Link to (via Backlinks) to our Home page or our Calculator page, but no one can use our links without subscription by "embed" or "iframe." No one can present calculators as their own or be part of their website without a Subscription. 100 Financial Calculators included with Dynamic Content.Your clients and some of your competition's clients can come to your site to calculate!.It gives visitors something to link back to.Transfers link juice to help your domain's reputation and trust level.It can be a popup or embedded on a webpage.CSS customization for natural color, font, and style selections.Auto-magic resizing - optimally fits all devices and screen sizes.Fast loading - pure Javascript and HTML5 - no client-side software installs.The generic design matches your site's colors."AutoSave" allows you to exit the calculator and return later, with all entries preserved.You can print detailed reports, payment, and amortization schedules.Responsive design lets you have one version that works virtually anywhere you have a browser.Calculations are current for all IRS Law changes.In return, this helps your domain's reputation. Categories:Ĭustom Calculator for CPA Website (s) allows your clients to answer simple questions for themselves, turning un-billable time into a free self-service that brings clients to your website. They can jump-start a retirement plan, answer a complex loan question, or confirm a result you already expect to be true. These website calculators are the fastest way to start almost any financial undertaking. We designed our financial calculators to be simple yet give complex detailed insight into your project's goals. Order Now Financial Calculator for Websites Give your clients a reason to link to your website! 100 Responsive Financial Calculators Simply the best!
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