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Annuity

Values a stream of equal payments, present or future.

Interactive inputs coming — use the formula and example below.

Ejemplo resuelto

$500/month for 20 years at 5% has a large present value.

Cómo usarla

  • Use the formula below with your own figures.

La fórmula

PV of annuity = PMT·[1−(1+r)⁻ⁿ]/r.

Ejemplo resuelto

$500/month for 20 years at 5% has a large present value.

Preguntas frecuentes

Ordinary vs due?

Payments at period end vs start.

Where is this used?

Pensions, loans and structured settlements.

Consejos

  • Time in the market beats timing the market.
  • Reinvest returns to let compounding work.
  • Keep fees low — they compound against you.

Términos clave

Compounding
Earning returns on past returns.
CAGR
The smoothed annual growth rate.
Yield
Income as a percent of price.