Annuity Calculators
Annuity Calculators
Calculating annuity cash flows?
If you put up $20,000 today in exchange for a 8.5 percent, 12 year annuity, what will the annual cash flow be?
I’m using a financial calculator, I am just having a problem setting it up as the annual cash flow bit throws me off…is it asking for future value then?
It’s a PV of an Annuity problem: 20,000=Pmt*PVA(r=.085, n=12). 20,000 = (1-(1/1.08^12))/.085 = Pmt*7.344686. Pmt = 20000/7.344686 = 2723.06
Excel Busn Math 59: Annuities Math & Excel
Related posts:
- Annuity Calculators Annuity math question!? Problem: Find the monthly payment on a...
- Annuity Calculation Annuity Calculation Annuity Calculation question? Given that FVoa = PMT...
- Laurence J. Kotlikoff: The Trouble with Mark Miller’s Trouble With Retirement Calculators Nationwide Introduces Proposal to Provide Guaranteed Income Within 401(k) Retirement...
- Excel Busn Math 60: Future Value Annuities FV & PMT function See how to use the Excel functions FV and PMT...
- Excel Busn Math 61 Present Value Annuities PV & PMT function See how to use the Excel functions PV and PMT...
Leave a Comment