Ordinary Annuity

Function Institute Math Contents Index Home

Calculator for the future value of an ordinary annuity:

S = R(((1 + i)n - 1) / i)

S Final value of annuity
R Amount of payment
i Interest rate per period
n Number of payments

Enter values for the above formula:

(Example: For r enter 5.0% as 0.05, etc.)

R: i: n:

After entering values into the above input areas, click the following 'Calculate' button to get S, the final value of the annuity.


Function Institute Math Contents Index Home
E-mail