Calculating the value of your annuity can be an important aspect of settling your finances. Many companies, banks, or colleges have online annuity calculators to help you calculate the value of your annuity.
An annuity is an investment that provides a series of payments in exchange for an initial lump sum. With this calculator, you can find several things:The payment that would deplete the fund in a given number of years. The amount needed to generate a specific payment.
The number of years your investment will generate payments at your specified return.To calculate, just select the initial payment interval you desire and fill in any 3 other boxes.
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