Future value of a growing annuity(interest rate not equal to growing rate)

Formula

Future value of a growing annuity(interest rate not equal to growing rate) formula
FV
value of the annuity at time = n
A
value of initial payment paid at time 1
i
interest rate that would be compounded for each period of time
g
growing rate that would be compounded for each period of time
n
number of payment periods

Formula description

Future value of an annuity (FVA) is the future value of a stream of payments (annuity), assuming the payments are invested at a given rate of interest.

Calculator (how to use calculator?)

Future value of a growing annuity(interest rate not equal to growing rate) formula
A
i
g
n
FV
Precision

Formula code

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References

  1. Wikepedia:Future value of a growing annuity.

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