Future Value of Annuity Calculator
This calculator estimates the future value of a series of equal payments made at regular intervals, based on a fixed interest rate. It’s perfect for planning retirement savings, investment contributions, or recurring deposits.
Annuity Future Value Estimator
Future Value of Ordinary Annuity Formula
$$FV = PMT \times \left( \frac{(1 + r)^n – 1}{r} \right)$$
Where:
- $$FV$$ = future value of the annuity
- $$PMT$$ = periodic payment
- $$r$$ = interest rate per period (decimal)
- $$n$$ = total number of periods
The future value of an annuity represents the total value of all payments at the end of the investment period, assuming consistent interest growth. This is particularly useful when saving for long-term goals like retirement or education. The calculator assumes an ordinary annuity, where payments are made at the end of each period.