Future Value of Annuity Calculator

✖The Monthly Payment is the amount a borrower is required to pay each month until a debt is paid off.ⓘ Monthly Payment [p]			+10% -10%
✖Interest Rate is the amount charged, expressed as a percentage of the principal, by a lender to a borrower for the use of assets.ⓘ Interest Rate [IR]			+10% -10%
✖The Number of Periods is the periods on an annuity using the present value, periodic payment, and periodic rate.ⓘ Number of Periods [n_Periods]			+10% -10%

✖Future Value of Annuity is the value of a group of recurring payments at a specified date in the future; these regularly recurring payments are known as an annuity.ⓘ Future Value of Annuity [FV_A]

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Formula

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Future Value of Annuity

Formula

`"FV"_{"A"} = ("p"/("IR"*0.01))*((1+("IR"*0.01))^"n"_{"Periods"}-1)`

Example

`"57540"=("28000"/("5.5"*0.01))*((1+("5.5"*0.01))^"2"-1)`

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Future Value of Annuity Solution

STEP 0: Pre-Calculation Summary

Formula Used

Future Value of Annuity = (Monthly Payment/(Interest Rate*0.01))*((1+(Interest Rate*0.01))^Number of Periods-1)
FV_A = (p/(IR*0.01))*((1+(IR*0.01))^n_Periods-1)
This formula uses 4 Variables

Variables Used

Future Value of Annuity - Future Value of Annuity is the value of a group of recurring payments at a specified date in the future; these regularly recurring payments are known as an annuity.
Monthly Payment - The Monthly Payment is the amount a borrower is required to pay each month until a debt is paid off.
Interest Rate - Interest Rate is the amount charged, expressed as a percentage of the principal, by a lender to a borrower for the use of assets.
Number of Periods - The Number of Periods is the periods on an annuity using the present value, periodic payment, and periodic rate.

STEP 1: Convert Input(s) to Base Unit

Monthly Payment: 28000 --> No Conversion Required
Interest Rate: 5.5 --> No Conversion Required
Number of Periods: 2 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

FV_A = (p/(IR*0.01))*((1+(IR*0.01))^n_Periods-1) --> (28000/(5.5*0.01))*((1+(5.5*0.01))^2-1)

Evaluating ... ...

FV_A = 57540

STEP 3: Convert Result to Output's Unit

57540 --> No Conversion Required

FINAL ANSWER

57540 <-- Future Value of Annuity

(Calculation completed in 00.004 seconds)

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Bhilai Institute of Technology (BIT), Raipur

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< 14 Future value Calculators

Future Value of Growing Annuity

Go Future Value of Growing Annuity = Initial Investment*((1+Rate per Period)^(Number of Periods)-(1+Growth Rate)^(Number of Periods))/(Rate per Period-Growth Rate)

Growing Annuity Payment using Future Value

Go Initial Payment = (Future Value*(Rate per Period-Growth Rate))/(((1+Rate per Period)^(Number of Periods))-((1+Growth Rate)^(Number of Periods)))

Number of Periods using Future Value

Go Number of Periods = ln(1+((Future Value of Annuity*Rate per Period)/Cashflow per Period))/ln(1+Rate per Period)

Annuity Due for Future Value

Go Annuity Due Future Value = Payment made in Each Period*((1+Rate per Period)^(Number of Periods)-1)/(Rate per Period)*(1+Rate per Period)

Future Value of Present Sum given Compounding Periods

Go Future Value = Present Value*(1+((Rate of Return*0.01)/Compounding Periods))^(Compounding Periods*Number of Periods)

Future Value of Annuity with Continuous Compounding

Go FV of Annuity with Continuous Compounding = Cashflow per Period*((e^(Rate per Period*Number of Periods)-1)/(e^(Rate per Period)-1))

Future Value of Ordinary Annuities and Sinking Funds

Go Future Value of Ordinary Annuity = Cashflow per Period*((1+Rate per Period)^(Total Number of Times Compounded)-1)/Rate per Period

Future Value of Annuity

Go Future Value of Annuity = (Monthly Payment/(Interest Rate*0.01))*((1+(Interest Rate*0.01))^Number of Periods-1)

Future Value with Continuous Compounding

Go Future Value with Continuous Compounding = Present Value*(e^(Rate of Return*Number of Compounding Periods*0.01))

Future Value of Present Sum given Number of Periods

Go Future Value = Present Value*exp(Rate of Return*Number of Periods*0.01)

Future Value of Lumpsum

Go Future Value of Lumpsum = Present Value*(1+Interest Rate per Period)^Number of Periods

Annuity Payment using Future Value

Go Annuity Payment = Future Value of Annuity/(((1+Rate per Period)^Number of Periods)-1)

Future Value of Present Sum given Total Number of Periods

Go Future Value = Present Value*(1+(Rate of Return*0.01))^Number of Periods

Future Value Factor

Go Future Value Factor = (1+Rate per Period)^Number of Periods

Future Value of Annuity Formula

Future Value of Annuity = (Monthly Payment/(Interest Rate*0.01))*((1+(Interest Rate*0.01))^Number of Periods-1)
FV_A = (p/(IR*0.01))*((1+(IR*0.01))^n_Periods-1)

How to Calculate Future Value of Annuity?

Future Value of Annuity calculator uses Future Value of Annuity = (Monthly Payment/(Interest Rate*0.01))*((1+(Interest Rate*0.01))^Number of Periods-1) to calculate the Future Value of Annuity, The future value of annuity is the value of a group of recurring payments at a specified date in the future; these regularly recurring payments are known as annuity. Future Value of Annuity is denoted by FV_A symbol.

How to calculate Future Value of Annuity using this online calculator? To use this online calculator for Future Value of Annuity, enter Monthly Payment (p), Interest Rate (IR) & Number of Periods (n_Periods) and hit the calculate button. Here is how the Future Value of Annuity calculation can be explained with given input values -> 57540 = (28000/(5.5*0.01))*((1+(5.5*0.01))^2-1).

FAQ

What is Future Value of Annuity?

The future value of annuity is the value of a group of recurring payments at a specified date in the future; these regularly recurring payments are known as annuity and is represented as FV_A = (p/(IR*0.01))*((1+(IR*0.01))^n_Periods-1) or Future Value of Annuity = (Monthly Payment/(Interest Rate*0.01))*((1+(Interest Rate*0.01))^Number of Periods-1). The Monthly Payment is the amount a borrower is required to pay each month until a debt is paid off, Interest Rate is the amount charged, expressed as a percentage of the principal, by a lender to a borrower for the use of assets & The Number of Periods is the periods on an annuity using the present value, periodic payment, and periodic rate.

How to calculate Future Value of Annuity?

The future value of annuity is the value of a group of recurring payments at a specified date in the future; these regularly recurring payments are known as annuity is calculated using Future Value of Annuity = (Monthly Payment/(Interest Rate*0.01))*((1+(Interest Rate*0.01))^Number of Periods-1). To calculate Future Value of Annuity, you need Monthly Payment (p), Interest Rate (IR) & Number of Periods (n_Periods). With our tool, you need to enter the respective value for Monthly Payment, Interest Rate & Number of Periods and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

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