x
Home / ๐Ÿ”ฎ world building / business and finance / Finance / Annuity

Annuity

Used for estimating returns on periodic investments in mutual funds etc.

If paid at the start of period,

A = P*[{(1+i)^n โ€“ 1 }/i]*(1+i)

If paid at the end of period,

A = P*[{(1+i)^n โ€“ 1 }/i]

A = Final amount
P = Installment each time
n = Total number of installments
i = Rate (in %) for period

Backlinks

Left-click: follow link, Right-click: select node, Scroll: zoom
x