# Everyday Calculation

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Calculators » Finance » Future Value of Annuity

## Future Value of Annuity Calculator

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.

beginning of periodend of period

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Android: Use this fva calculator offline with our tvm calculator app.

#### Future value of annuity formula

Annuities are stream of equal payments made at regular intervals over a specified period of time at a given rate. You need to be familiar with the concepts 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)
where,
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.