Finance

Future Value of Annuity Calculator

Find the future value of regular yearly deposits.

Calculated Output

Future value ($) 183,927.96

Total deposited ($) 100,000

Formula: FV = PMT × ((1+r)^n − 1) ÷ r

Step-by-Step Breakdown

1. Values used:

2. Annual deposit = 5,000 $

3. Annual rate = 6 %

4. Years = 20

6. Future value = 183,927.96$

7. Total deposited = 100,000$

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The math behind it

FV = payment × ((1 + r)^n − 1) ÷ r.

$5,000/yr at 6% for 20 yr → ~$183,928.

Monthly deposits?

Use the Savings Goal or Retirement Savings calculator for monthly contributions.