Reverse Return on Investment Calculator calculator can be used to determine the initial investment required to achieve a specific target return over a defined period with a given interest rate.
Learn how to use the Reverse Return on Investment Calculator calculator and its working principles
Suppose you want to have $10,000 in 5 years and the annual interest rate is 5%. The calculator will determine that you need to invest approximately $7,835.26 initially.
The calculator uses the formula for the present value of a future sum:
Initial Investment = Target Amount / (1 + (Interest Rate / 100)^Years)
This formula discounts the future value back to its present value based on the specified interest rate and time period.