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Ordinary Annuity Calculator - Payment Using Present Value

Use this calculator to determine the payment of an ordinary annuity using present value. An ordinary annuity is a series of equal payments paid at the end of successive periods.

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

Computational Notes:

The payment is computed using the following formula:

  
P = PV * r / [1 - (1 + r)^-n]

Where:

PV = Present Value

P = Payment

r = Discount Rate / 100

n = Number Payments

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Updated February 25, 2024