The process of determining the future value of an investment made today present value The process of determining the present value of money to be received in the future: discounting Equal periodic payments of principal and RR interest to repay any investment The periodic rpomemtofndamoricaion interest for a given loan: This TVM calculator key is used to enter or PMT compute periodic level payments, such as monthly payments on a fixed rate mortgage: The value of a stream of payments and/or single future amount to be received over a specified number of discounting periods: compounding The sum of the present values of all future NPV cash flows, netted against the initial investment: The general term for the annual return annuity provided by cash flows such as stock dividends or bond coupon payments: The general term for the annual return provided by the growth or increase in value of the investment itself, separate from annual cash flows appreciation return MacBook Air