Calculate Number of Payments of Annuity Due
For an annuity (payments made immediately) of a given present value, payment amount and rate, you can determine how many periods it will last.
For an annuity (payments made immediately) of a given present value, payment amount and rate, you can determine how many periods it will last.
What does this mean to you? Well, if you had the opportunity to take an amount
higher than the $#PresentValue# today instead of taking the $#PaymentValue# at
the end of every period for #PeriodValue# time periods, you should take the money today. By doing so,
you would be able to invest the higher amount at #Rate#% for #PeriodValue#
equal time periods, and would end up receiving more than the $#PaymentValue# per time period.
The number of periods is too small for our calculator. This means that you need either to increase your present value, decrease your payment amount, or increase your interest rate.
Try again.
The number of periods is too large for our calculator. This means that you need either to decrease your present value, increase your payment amount, or decrease your interest rate.
Try again.