Quick Present Value offers a fast and easy way to compute the present value of a stream of annual amounts at discount rates ranging from 0% to 25% in increments of 0.125%.
The unique data entry GUI employing sliders and buttons improves upon the more typical numeric pad mechanism. Using a slider for gross numeric input, a plus/minus button for signing, and addition and subtraction buttons for small adjustments, you are able to populate the annual cash flow fields with number between -1000 and +1000 quickly and easily.
Data entry via a numeric keypad is also available as an option with additional functionality and the opportunity to enter larger numbers and numbers to two decimal precision.
Although periodic amounts are shown as yearly amounts, the user may interpret these as generic periodic amounts. For example, each amount could be considered a quarterly amount and the discount rate would be chosen based on that frequency as well.
As an added bonus, Quick Present Value also offers the option to compute future value and to set the number of years for computation of either present or future values.
The iPad version allows you to add, retrieve, reorder, or delete data sets. It also displays a graph of the present value of the cash flows discounted at various rates between 0% and 25% or a graph of the future value of cash flows compounded at various rates between 0% and 25%.
- Code tweaks to accommodate iOS 10.
Ratings and Reviews
I am sure he knows how to use it but he does not know how to communicate to others how to use it. Bought it. Deleted it
Was expecting manual input
I was hoping to use this app to solve for the present value of bonds in my finance class. Unfortunately there's no way to type in your own custom values for the cash flows. I understand the idea of "Quick" with the sliders but it gets frustrating quickly to move those bars to exactly the right number. Please make those text boxes editable. I will try to remember to update this review if this important issue is fixed.
Expand data input ranges!
Not applicable to most real world situations. Extremely limited for no reason. App would instantly become wonderful if the value input could be increased up to 8 figures instead of just to 1000 and if periods(years) could be increased to at least 50 instead of just 12. Since the interface and formulas have already been created for this app, just by greatly increasing allowed data input ranges would change it from useless to very useful.
With Family Sharing set up, up to six family members can use this app.