Future value of an annuity

Description

Future value of an annuity is the future value of a stream of payments (annuity), assuming the payments are invested at a given rate of interest. The future value of an annuity formula has four variables.

Related formulas

Variables

FVAFuture value of the annuity (dimensionless)
AThe value of the individual payments in each compounding period (dimensionless)
iThe discount rate, or the interest rate at which the amount will be compounded each period (dimensionless)
nThe number of periods (dimensionless)