How to Calculate Present Value of Annuity?
Present Value of Annuity calculator uses Present Value of Annuity=(Monthly Payment/Interest Rate)*(1-(1/(1+Interest Rate)^Number of Months)) to calculate the Present Value of Annuity, Present Value of Annuity is the current value of a set of cash flows in the future, given a specified rate of return or discount rate. Present Value of Annuity and is denoted by PVAnnuity symbol.
How to calculate Present Value of Annuity using this online calculator? To use this online calculator for Present Value of Annuity, enter Number of Months (n), Interest Rate (i) and Monthly Payment (p) and hit the calculate button. Here is how the Present Value of Annuity calculation can be explained with given input values -> 4666.667 = (28000/6)*(1-(1/(1+6)^13)).