* Featured by Apple under 'What's Hot' in United States under iPad > Finance

Universal Application for iPad, iPhone and iPod touch.

The Time Value of Money is an App which will help you figure out the value of money figuring in a given amount of interest earned over a given amount of time. The idea 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 reference with equations.

This app features:

• Send your calculations or conversions by email
• Universal App (iPhone, iPod Touch, and iPad)
• iOS 6 & 7 are supported
• iPhone 5’s 4 inch screen and the original 3.5 inch screen are supported
• Retina Display graphics
• Fast app switching
• Automatically Saves Your Inputs
• Export to CSV

No network connectivity required.