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Discount Rate Calculator

Calculate the implied annual discount (growth) rate between a present value and a future value over a given number of years.

How to Use Discount Rate Calculator
  1. 1Enter the present value
  2. 2Enter the future value
  3. 3Enter the number of years between them
  4. 4Click Calculate to see the implied annual rate
Frequently Asked Questions

It solves for the constant annual rate that grows your Present Value into your Future Value over the number of years you enter, using the formula Rate = (Future Value divided by Present Value)^(1/years) minus 1.

No - this tool works with a single lump-sum present value and future value pair (like a CAGR calculation), not a series of periodic cash flows. Use the NPV or IRR calculators if you're evaluating multi-year cash flow streams.

Yes - if you know what you're investing today and what you expect it to be worth in the future, this tells you the annual rate that assumption implies, which you can then sanity-check against realistic market returns.

Yes, it will return a negative rate, which is mathematically correct for a value that shrinks over the period rather than grows.

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