Contents of Present Value Tables

Present Value Tables

Present Value Tables
			PV Factors	PV Factors
Periods	1%	2%	3%	4%	5%	6%	7%
1	0.9901	0.9804	0.9709	0.9615	0.9524	0.9434	0.9346
2	0.9803	0.9612	0.9426	0.9246	0.907	0.89	0.8734
3	0.9707	0.9423	0.9151	0.889	0.8638	0.8396	0.8163
4	0.961	0.9238	0.8885	0.8548	0.8227	0.7921	0.7629
5	0.9515	0.9057	0.8626	0.8219	0.7835	0.7473	0.713
6	0.942	0.888	0.8375	0.7903	0.7462	0.705	0.6663
7	0.9327	0.8706	0.8131	0.7599	0.7107	0.6651	0.6228
8	0.9235	0.8535	0.7894	0.7307	0.6768	0.6274	0.582
9	0.9143	0.8368	0.7664	0.7026	0.6446	0.5919	0.5439
10	0.9053	0.8203	0.7441	0.6756	0.6139	0.5584	0.5083
11	0.8963	0.8043	0.7224	0.6496	0.5847	0.5268	0.4751
12	0.8874	0.7885	0.7014	0.6246	0.5568	0.497	0.444
13	0.8787	0.773	0.681	0.6006	0.5303	0.4688	0.415
14	0.87	0.7579	0.6611	0.5775	0.5051	0.4423	0.3878
15	0.8613	0.743	0.6419	0.5553	0.481	0.4173	0.3624

Lecture Notes

Note that all the values are less than 1. Therefore, when multiplying a future value by these factors, the future value is discounted down to the present value. The table is used much the same way as the other time value of money tables.