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Calculators » Finance » Annuity Deposit
Our online tools will provide quick answers to your calculation and conversion needs. On this page, you can calculate monthly, quarterly, semi-annual, annual annuity payouts for a deposit amount. Annuity payments are fixed payments you will receive over a period of time for investments in "immediate" or "single-premium" annuity insurance scheme.
Android: Use this annuity payment calculator offline with our tvm calculator app.
The calculation for annuity deposits are similar to that of loan repayments. In this case, you lend to the bank at the notified interest rates, contrary to taking a loan from the bank.
Following is the formula to calculate annuity payment:
R = PV / ((1 - 1 / (1 + i)n) / i)
R = periodic payout
PV = Present Value
n = number of terms
i = period interest rate