The Annuity Calculator helps you calculate the future value of a series of equal payments (an annuity). Simply fill in the fields above and click Calculate to get an instant result.
This calculator is part of Calculate Wiki’s Finance Calculators collection.
What You’ll Need
- Payment per Period ($)
- Interest Rate per Period (%)
- Number of Periods
Formula Used
FV = PMT × (((1 + r)ⁿ − 1) ÷ r)
where r = rate per period, n = number of periods, PMT = payment per period
Example Calculation
Using example inputs — Payment per Period = 200 $; Interest Rate per Period = 4 %; Number of Periods = 20 — the Annuity Calculator returns:
| Value | Result |
|---|---|
| Total contributed | $4,000.00 |
| Interest earned | $1,955.62 |
| Future value | $5,955.62 |
$5,955.62. Future value of 20 payments of $200.00.
Helpful Information
Results from the Annuity Calculator are estimates based on standard formulas used in the finance calculators field. For projects with significant cost, health, or safety implications, consider verifying results with a qualified professional.