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How does the Geometric Annuity Immediate Calculator work?
Free Geometric Annuity Immediate Calculator - Given an immediate annuity with a geometric progression, this solves for the following items
1) Present Value
2) Accumulated Value (Future Value)
3) Payment
This calculator has 6 inputs.
1) Present Value
2) Accumulated Value (Future Value)
3) Payment
This calculator has 6 inputs.
What 1 formula is used for the Geometric Annuity Immediate Calculator?
PV = Pmt x (1 - kiration)/
(i - k)
What 6 concepts are covered in the Geometric Annuity Immediate Calculator?
- accumulated value
- The total value of an investment, including principal and interest accrued
- annuity
- A stream of payments
- future value
- the value of a current asset at a future date based on an assumed rate of growth
- geometric annuity immediate
- interest
- payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum, at a particular rate
- present value
- the value in the present of a sum of money, in contrast to some future value it will have when it has been invested at compound interest.
PV = FV/(1 + i)n
where I is the interest rate per period, PV = Present Value, and FV = Future Value
