What would you like to do?

What is the formula for finding the future value of a growing annuity?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

FV of growing annuity = P * ((1+r)^n - (1+g)^n) / (r-g)
P=initial payment
r=discount rate or interest rate
g=growth rate
n=number of periods
^=raised to the power of

NB: This formula breaks when r=g due to division by 0. When r=g, use
P * n * (1+r)^(n-1)
2 people found this useful
Thanks for the feedback!

Where can one find Annuity tables for the best rate available?

One can find Annuity tables for the best rates from: Hargreaves Lansdown, This is Money, Which, Barrons, Find, Financial Times, Financial Posts, Annuity FYI, Sharing Pensions,

What is the future value of a growing annuity with a present value?

  The present value is what it is worth today minus any surrender charges. The future value is what it will be worth in the future at a given interest rate and again minus

What is the relationship between the value of an annuity and the level of interest rates?

The answer depends on the type of annuity. If the annuity is a fixed period annuity or an annuity which pays a fixed amount during the lifetime of one or more persons, the val

How do you find out which formula is empirical formula?

The empirical formula is when you can not simplify the formula any further. Let's use the formula for glucose, C6 H12 O6 That is the molecular formula of glucose. The Empiric

How can you convert the present value of an ordinary annuity into the present value of annuity due?

The simplest way is to gross up the ordinary annuity (payments in arrears) by a single period at the discounting rate.  For example, if the ordinary annuity has semi-annual p

What is annuity?

Technically, the term "annuity" means "a series of payments over time, where the original investment and interest will be distributed over the annuity payout period". However,