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Home Financial Calculators Standard Annuity Calculator
Standard Annuity Calculator PDF Print E-mail

 

Standard Annuity Calculator
Principal Added (yearly)
$
Rate
%
Term (years)
Calculator by Zapus

 

An annuity is a financial product that is designed to receive funds (or principal added) on a regular schedule and earn an interest rate for a specified period of time. At the end of the principal-added term, the annuity has a defined value, calculated using the amount of the principal added, the interest earned, and the term of the annuity; this calculator determines that value. Typically, after the end of the term, the annuity pays out a stream of payments to the individual at a later point in time. Annuities are primarily used to secure a steady cash flow for an individual during their retirement years. They can be structured according to a wide array of details and factors, such as the amount of the payment made or the duration of time that payments from the annuity will be made. The principal-added funds are always added at the end of each payment period for a Standard Annuity.

 

 

Last Updated on Thursday, 12 September 2013 14:46
 

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