Immediate Annuity Calculator
Posted by Dinesh onThis calculator calculates the immediate annuity using sum to invest, time period, annual rate of return, frequency of payment values.
Immediate Annuity Calculation
Formula:
Immediate Annuity = pi / ( 1 - ( 1 + i )^-n )
Where,p = Sum to invest,
n = Time period(in years),
i = Annual rate of return.