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Future
Value Annuity - Online Calculator
The spreadsheet below
calculates a future value whan regular deposits are made.
Assuming
that interest is compounded with each deposit, the calculation is based
on the
following formula:
where:
T = total value after Y
years (future value)
R = amount of regular deposits
N = number of deposits per year
Y = number of years
i = nominal interest rate
Calculate Annuity
An amount of $460 is trasferred monthly from Daisy's checking account
to a
Halloween Club savings account, with 7.3% interest. How much will Daisy
receive at the end of the year?
Use the calculator and just fill in the blanks... for example:
Future Value
(annuity)
Amount of
regular deposit = 460.00
Nominal
Interest rate = 7.30 %
Nr. of
deposits / yr = 12
Number of
years = 1
The result of the annuity calculator is
Future Value
= 5,708.49
You
have to allow JavaScript codes in this site, oterwise the calculator
below won't work.
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