Calculate Future Value of Regular Deposits - Annuity

For an online calculator on future value of regular deposits (annuity), see: http://matrixlab-examples.com/future-value-annuity.html

This formula calculates a future value when deposits are made regularly. All deposits are equal.

You must provide: the amount of regular deposits, the number of deposits per year, the number of years and the nominal interest rate.

R = amount of regular deposits N = number of deposits per year Y = number of years i = nominal interest rate T = total value after Y years (future value)

This is an example: a hundred dollars are gonna be transferred every month from one account to another. The interest is 5%. We want to know how much we'll receive at the end of the year.

In this case... R = 100 (amount of regular deposits) i = 5% (interest rate) N = 12 (number of deposits per year) Y = 1 (number of years)

We're going to use an online calculator for that purpose.

We have to click the button to edit the numbers.

This is another example: we make annuity payments of $1000. The interest is 5.5%. How much are we going to have after 13 years?

In this specific case... R = 1000 (regular deposits) i = 5.5% (nominal interest rate) N = 1 (number of deposits per year) Y = 13 (number of years)

Using the calculator is very easy.

Thank you for watching!