Time value of money worksheet with answers

Free printable Time value of money worksheet: 6 problems from easy to exam level, with an answer key. Print it or save it as a PDF.

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Name: ____________________   Date: ____________

1.Easy
years01234€2 000FV = ?

You deposit €2 000 in a savings account that pays 5% interest per year, compounded annually. How much is in the account after 4 years? Find the future value FV.

PV = €2 000i = 5%n = 4
FV = €
2.Easy
years0123…10€1 500FV = ?

You deposit €1 500 in a savings account that pays 3.5% interest per year, compounded annually. How much is in the account after 10 years? Find the future value FV.

PV = €1 500i = 3.5%n = 10
FV = €
3.Medium
years0123…9PV = ?€5 000+4%+4%…r = 10%

A property is expected to earn net rent of €5 000 next year. The rent is expected to grow by 4% per year forever. The required return is 10% per year. Find the value PV of the property today.

C1 = €5 000g = 4%r = 10%
PV = €
4.Medium
years01234PV = ?€10 000

You need €10 000 in 4 years. An account pays 5% per year, compounded monthly. How much must you deposit today? Find the present value PV.

FV = €10 0005% / 12n = 4
PV = €
5.Hard
months0123…252€100€100€100FV = ?

You save €100 at the end of every month for 21 years. The account pays 3.6% per year, compounded monthly. How much have you saved at the end? Find FV.

A = €1003.6% / 12N = 252
FV = €
6.Hard
months0123…48€8 000A?AAA

A loan of €8 000 is repaid with equal monthly payments over 4 years. The interest rate is 5.4% per year, compounded monthly. Find the monthly payment A.

P = €8 0005.4% / 12N = 48
A = €

Answer key

  1. 1. FV = 2431 €
  2. 2. FV = 2116 €
  3. 3. PV = 83333 €
  4. 4. PV = 8191 €
  5. 5. FV = 37578 €
  6. 6. A = 185.7 €

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