Future Value of Annuity
Payment Amount (PMT)
Please enter a valid positive number.
The amount of each equal payment.
Interest Rate per Period
Please enter a valid non-negative number.
%
Interest rate per compounding period (e.g., 5 for 5%).
Number of Periods (n)
Please enter a positive integer.
Total number of payment periods.
Annuity Type
Ordinary (end of period)
Due (beginning of period)
When payments are made.
Calculate Future Value
Future Value:
Formula:
FV = PMT × ((1 + r)^n - 1) / r × (1 + r)
t
Where t = 0 for ordinary annuity, t = 1 for annuity due.
Step-by-step: