Ordinary Annuity Calculator - Future Value

Use this calculator to determine the future value of an ordinary annuity which is a series of equal payments paid at the end of successive periods.

Ordinary Annuity Calculator - Future Value Calculator
Payment ($):
Discount Rate (%):
Number Payments:
Future Value
Do not enter $ or % in any field.

Computational Notes:

The future value is computed using the following formula:

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

Where:

FV = Future Value

P = Payment

r = Discount Rate / 100

n = Number Payments

Updated February 25, 2024.