TVM: Time Value of Money
| Category | Price | Seller | Device |
|---|---|---|---|
| Finance | $0.99 | Verosocial Studio | iPhone, iPad, iPod |
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 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
• iPhone 6, 6+, 5 screens and the original 3.5 inch screen are supported
• Latest version of iOS is supported
No network connectivity required.
Reviews
Effective app.
Serraswings
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.
Less than intuative
Stash2
Unclear how to properly enter information. Answers received were not in sync with my other financial calculators. A waste of money.
TIME Value of bad
gatxbuzz
I found the TVM app to not to work. It is a bad app. I want my money back.
Didn't help me
Dave & Demi
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.
Screwy
Gollnick
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.
