How to Calculate Annuity Payment?
Annuity Payment calculator uses Annuity Payment = (Rate per Period*Present Value)/(1-(1+Rate per Period)^-Number of Periods) to calculate the Annuity Payment, Annuity Payment is a series of payments at fixed intervals, guaranteed for a fixed number of years or the lifetime of one or more individuals. Annuity Payment is denoted by PMT symbol.
How to calculate Annuity Payment using this online calculator? To use this online calculator for Annuity Payment, enter Rate per Period (r), Present Value (PV) & Number of Periods (n) and hit the calculate button. Here is how the Annuity Payment calculation can be explained with given input values -> 9 = (0.5*10)/(1-(1+0.5)^-2).