Annuity Payment Calculator | FinEdge Learning

Present Value

Starting investment amount. On the TI BA II Plus this input would normally be negative.

$10,000

Future Value

Target ending value students provide so the payment can be solved.

$67,275

Annual Interest Rate

Compounding rate of growth used to solve the payment.

10.0%

Number of Periods

Number of years used in the annuity calculation.

20 yrs

Payment Timing

Choose whether the payment happens at the end or beginning of each compounding period.

Ordinary annuity (end mode) Payment is applied at the end of each period.

Annuity due (begin mode) Payment is applied at the beginning of each period.

Payment Amount

$500.00

Scenario

$10,000 PV, $67,275 FV, ordinary annuity (end mode), 10.00% rate, 20 periods, solved payment $0.00

Blue line = future value path for the selected mode Colored dots = payment markers for the selected mode

Dollars

Years

Future value path Payment $500, Ordinary annuity (end mode)

Payment Comparison

Compare the payment required for ordinary annuity versus annuity due using the same inputs.

Compounding Schedule

Table order reflects payment timing.

The schedule shows each compounding period with the payment timing built into the row so the difference between ordinary annuity and annuity due is easy to follow.

Interactive Concept: Annuity Payment

Payment Comparison

Compounding Schedule