The TVM: Time Value of Money, Financial Calculator app will help you figure several different calculations using the most efficient financial formulas of Present Value, Future Value, Periodic Payment Amount, Number of Compounding Periods (months or years), and Interest Rate.
The idea of interest earned is that money made available at the present is worth more than the same amount of money in the future due to its potential earning capacity through interest. Provided this money can earn interest, any amount of money is worth more the sooner it is received.
This App specifically concentrates on solving for
1) Present Value (PV),
2) Future Value (FV),
3) Periodic Payment Amount (PMT),
4) Number of Compounding Periods (Time), and
5) Interest Rate (Rate(%))
For example, Compound Annual Growth Rate (CAGR) can be computed by selecting “%” and entering 3 numbers: PV, FV, and Time, then selecting Annual.
This app has built-in documentation with equations.
This app features:
• Send your calculations or conversions by social media or email
• Universal App (iPhone, iPod Touch, and iPad)
• Latest version of iOS is supported
• Retina Display graphics
• Fast app switching
• Automatically Saves Your Inputs
• Export to CSV
• All iPhone and iPad screens are supported
No network connectivity required.
Hide..Show more..
Screenshots
User Rating
5 out of 5
1 ratings
in United States
5 star
1
4 star
0
3 star
0
2 star
0
1 star
0
Ratings History
Reviews
Elmo
I like the App interface. The number of periods and interest rate seem to not follow convention. If I enter PV, interest rate and period both in years, and then check monthly boxes on both I calculate monthly payment. More documentation on selection of period and interest rate/period needs to be provided or perhaps a bug exists. Given this inconsistency I have low confidence in this app.
Calculations
The apps calculations are incorrect
Screwy
This thing is just screwy. Some things it calculates correctly. Others it is just totally wrong on. The user interface is a bit difficult to understand.
Didn't help me
I am not expert on financial calculators. I have used them online before. I found this one difficult to figure out which variables go where.
Someone with a better knowledge of financial calculators would probably find this one very easy to use.
TIME Value of bad
I found the TVM app to not to work. It is a bad app. I want my money back.
Less than intuative
Unclear how to properly enter information. Answers received were not in sync with my other financial calculators. A waste of money.
Effective app.
Simple but effective. Makes time value calculations quickly. Same program can be found on a ti83+ calculator. Same calculations can be made on financial calculators. A little expensive for such a simple program though.