Reverse Interest Calculator calculator can be used to determine the principal amount required to reach a desired future value by providing the future value, interest rate, and time period.
Learn how to use the Reverse Interest Calculator calculator and its working principles
Suppose you want to have $10,000 in 5 years, and the annual interest rate is 4%. To find out how much you need to invest now:
This means you need to invest $8,219.27 now to have $10,000 in 5 years at a 4% annual interest rate.