# Future Value of Annuity Calculator

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

Payment per period (PMT): Interest rate in % (r): Number of periods (n):

## 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.