Finance & Interest
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Future Value of Annuity

Future value of regular equal payments.

Formula

FV=P(1+r)n−1rFV = P\frac{(1+r)^n - 1}{r}

Variables

PPayment
rRate/period
nPeriods

Example

Saving $100/month at 1%/month for 12 months yields about $1268.

Did You Know?

Regular investing harnesses compounding — small monthly deposits can grow into a fortune over decades.

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