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

A foundation wants to pay a prize of €2 000 at the end of every year, forever. The fund earns 3% interest per year. How much must be invested today? Find PV.

A = €2 000i = 3%

PV = €

2.Easy

A foundation wants to pay a prize of €1 000 at the end of every year, forever. The fund earns 4% interest per year. How much must be invested today? Find PV.

A = €1 000i = 4%

PV = €

3.Medium

You need €50 000 in 9 years. An account pays 2% per year, compounded quarterly. How much must you deposit today? Find the present value PV.

FV = €50 0002% / 4n = 9

PV = €

4.Medium

You invest €2 000 at 2% per year with continuous compounding. Find the value FV after 8 years.

PV = €2 000r = 2%t = 8

FV = €

5.Hard

You save €150 at the end of every month for 10 years. The account pays 3% per year, compounded monthly. How much have you saved at the end? Find FV.

A = €1503% / 12N = 120

FV = €

6.Hard

You save €100 at the end of every month for 14 years. The account pays 6% per year, compounded monthly. How much have you saved at the end? Find FV.

A = €1006% / 12N = 168

FV = €

Answer key

1. PV = 66667 €
2. PV = 25000 €
3. PV = 41782 €
4. FV = 2347 €
5. FV = 20961 €
6. FV = 26230 €

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