Features

Precise Financial Logic

Utilizes standard financial formulas to compute the future value of both ordinary annuities and annuities due with high accuracy.

Flexible Compounding

Supports a wide range of compounding frequencies including Annually, Semiannually, Quarterly, and Monthly to match your investment terms.

Year-by-Year Breakdown

Generates a detailed table showing exactly how your interest accumulates and your balance grows each year.

Interest vs. Principal

Provides a clear summary distinguishing between the total amount you have paid and the total interest explicitly earned over the period.

About Future Value of Annuity Calculator

The Future Value of Annuity Calculator is a powerful financial tool designed to help you determine the future worth of a series of equal payments made at regular intervals. Whether you are planning for retirement, saving for a major purchase, or analyzing an investment opportunity, understanding the future value of your contributions is crucial. This calculator distinguishes between an 'Ordinary Annuity' (payments made at the end of each period) and an 'Annuity Due' (payments made at the beginning), giving you the flexibility to model your specific financial scenario accurately. Formulas Used: Ordinary Annuity: FV = P × [((1 + r)^n - 1) / r] Annuity Due: FV = P × [((1 + r)^n - 1) / r] × (1 + r) Where: FV: Future Value P: Payment Amount r: Rate per period n: Total number of periods

How to Use Future Value of Annuity Calculator

Enter Payment Amount

Input the value of the regular payment you plan to make each period.

Set Annual Interest Rate

Enter the expected annual rate of return or interest rate for your investment.

Specify Duration

Enter the total number of years you plan to make these payments.

Choose Frequency

Select how often interest is compounded (e.g., Monthly, Quarterly).

Select Payment Type

Choose 'Ordinary' if payments are at the end of the period, or 'Due' if they are at the beginning.

Analyze Results

Review the calculated Future Value and explore the year-by-year breakdown table to understand your growth trajectory.