FV of Ordinary Annuity
Formula
PMT × [((1+r)^n - 1) / r]
Interactive Calculator
| Component | Value |
|---|---|
| Payment(PMT) | |
| Interest Rate(decimal) | |
| Number of Periods | |
| FV of Annuity | — |
CategoryTime Value of Money
ComponentsFV of Annuity; Payment (PMT); Interest Rate (decimal); Number of Periods
Example$10K × [(1.10^5 - 1) / 0.10] = $61,051
External Links
- Future value — Wikipedia