# Growing Annuity Due Calculator - Payment Using Present Value

Use this calculator to determine the first payment of an growing annuity due using present value. A growing due annuity is a series of increasing payments paid at the beginning of successive periods.

Growing Annuity Due Calculator - Payment Using Present Value
Present Value (\$):
Discount Rate (%):
Payment Growth Rate (%):
Number Payments:
Payment
Do not enter \$ or % in any field.

## Computational Notes:

If the discount rate and the growth rate are not equal, the present value formula is:

P = PV * (r - g) / [(1 - ((1 + g) / (1 + r))^n) * (1 + r)]

If the discount rate and the growth rate are equal, the payment formula is:

P =PV / n

Where:

PV = Present Value

P = First Payment

r = Discount Rate / 100

g = Payment Growth Rate / 100

n = Number Payments

## Related Calculators

All Annuity Calculators

Growing Annuity Due Calculator - Future Value

Growing Annuity Due Calculator - Present Value

Growing Annuity Due Calculator - Payment Using Future Value

Updated March 3, 2024