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Calculators » Finance » Future Value of Annuity
Our online tools will provide quick answers to your calculation and conversion needs. On this page, you can calculate future value of annuity (FVA) of both simple as well as complex annuities. Use this calculator for financial goal planning and to estimate the returns from regular savings or investments.
Android: Use this fva calculator offline with our tvm calculator app.
Annuities are stream of equal payments made at regular intervals over a specified period of time at a given rate.
We assume, you have some exposure to concept of time value of money to be able to use this calculator effectively.
Following is the formula for FV of an ordinary annuity:
FVA = P * ((1 + i)n - 1) / i)
FVA = Future value
P = Periodic payment amount
n = Number of payments
i = Periodic interest rate per payment period
Annuities, where the payment is made in the beginning of period is called annuity-due.
FV of Annuity due = FVA * (1 + i)
You can solve for any of the four variables involved in future value of annuity calculation viz. FVA, P, i and n.