You may enter the values in the **Future Value of Annuity** calculator:

## How to use the Future Value of Annuity Calculator

Let’s review a simple example to demonstrate how to use the calculator.

To start, suppose that you have the following values:

- Payment per period (PMT) = 5000
- Interest rate (r) = 4%
- Number of periods (n) = 10

You can then type those values in the calculator:

Press on the “Calculate Future Value of Annuity” button, and you’ll get the result of **60030.5356**:

## How to Manually Calculate the Future Value of Annuity

You can use the formula below in order to calculate the Future Value of Annuity:

` PMT * [(1 + r)`^{n} - 1]

Future Value of Annuity = r

Where:

- PMT = Payment per period
- r = Interest rate
- n = Number of periods

For example, let’s say that your goal is to calculate the Future Value of Annuity, given the following information:

- PMT = 5000
- r = 4%
- n = 10

You may then calculate the Future Value of Annuity as follows:

PMT * [(1 + r)^{n}- 1] 5000* [(1 + 0.04)^{10}- 1]

Future Value of Annuity = r = 0.04 = 60030.5356

You’ll then get the value of **60030.5356**.

To calculate the Present Value of Annuity, you may check the Present Value of Annuity calculator.