How to Calculate Future Value of Growing Annuity?
Future Value of Growing Annuity calculator uses 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) to calculate the Future Value of Growing Annuity, The Future Value of Growing Annuity formula is defined as the total amount of money a person would accumulate at a specific point in the future after receiving a series of increasing payments at regular intervals. Future Value of Growing Annuity is denoted by FV_{GA} symbol.
How to calculate Future Value of Growing Annuity using this online calculator? To use this online calculator for Future Value of Growing Annuity, enter Initial Investment (Initial Invt), Rate per Period (r), Number of Periods (n) & Growth Rate (g) and hit the calculate button. Here is how the Future Value of Growing Annuity calculation can be explained with given input values -> 5400 = 2000*((1+0.5)^(2)-(1+0.2)^(2))/(0.5-0.2).