# 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.