Finance
Future Value (Annuity Due)
FV of payments made at the start of each period.
Formula
Formula
FV = PMT·(1+r)n−1r·(1+r)
Variables
| Symbol | Definition | Type & range | Units | Role |
|---|---|---|---|---|
| PMT | payment per period | PMT ≥ 0 | currency | input |
| r | rate per period | r ≥ 0 | % | input |
| n | number of periods | integer, n ≥ 0 | — | input |
| FV | future value | FV ≥ 0 | currency | result |
Try it yourself
Interactive calculator
Worked examples
Example 1
Givenpayment = 100, rate/period (%) = 0.5, periods = 120
Result16469.87435
Example 2
Givenpayment = 500, rate/period (%) = 1, periods = 60
Result41243.18328