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- Annuity Calculator

The calculator can solve annuity problems for any unknown variable (interest rate, time, initial deposit, or
regular deposit).
It will also generate a detailed explanation of how the calculations were done. **The calculator computes
the present and future value of an annuity.**

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Examples

example 1:ex 1:

A deposit of $120 is placed into an account at the beginning of every month for 8 years. The bank pays 7% annual interest rate, compounded monthly,
and paid at the end of the month. How much is in the account after the last deposit?

example 2:ex 2:

How much money must you deposit now at 4% interest in order to withdraw $800 at the end of each year for the next three years?

example 3:ex 3:

Assume you deposit \$50000 in a bank account having a 6% annual interest rate. How long can you withdraw \$300 at the end of each month?

example 4:ex 4:

If you need $30 000 in 10 years and you get an interest rate of 5%, how much must you invest each of the next 10 years?

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