Annuity Calculator

Calculate the present or future value of an annuity with regular payments.

USD
%
years

Future Value of Annuity

$33,065.95

Present Value of Annuity$12,462.21
Total Payments$20,000.00

Future Value of Annuity vs Number of Years

Annuity Formulas

Future Value = PMT × [(1+r)^n - 1] / r

Present Value = PMT × [1 - (1+r)^-n] / r

These assume annual payments at the end of each period (ordinary annuity).

Lösungsbeispiel

$1,000 annual payments for 20 years at 5% interest.

  1. 01Future value = $1,000 × (1.05^20 - 1) / 0.05
  2. 02= $1,000 × (2.6533 - 1) / 0.05 = $33,066
  3. 03Present value = $1,000 × (1 - 1.05^-20) / 0.05
  4. 04= $1,000 × (1 - 0.3769) / 0.05 = $12,462
  5. 05Total payments = $1,000 × 20 = $20,000

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