  # 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

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 Enter the needed values... (do not use commas) Amount of Regular Deposits: Nominal Interest Rate: % Nr. of deposits / yr: Nr. of years: Future Value:

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