Promised $1,000 a year for 20 years? That's not $20,000 today. Discount the payments and see what that stream is genuinely worth right now.
$1,000 next year is worth less than $1,000 now. Discounting prices that time gap honestly.
Yearly, quarterly or monthly payments — the math adjusts for each compounding step.
Lottery payout or pension? See the cash amount that makes the stream obsolete.
All calculations run locally in your browser. Nothing is sent anywhere.
Price future money correctly.