Calculate Number of Periods of Annuity
This can be used to calculate how much you would need to save periodically (at the end of the period) in order to end up at a goal result.
This can be used to calculate how much you would need to save periodically (at the end of the period) in order to end up at a goal result.
What this means to you?
Well, you can use the calculator to find how long it will take you to
accumulate a set amount of money (future value). So, for instance if you know
you need a certain amount of money and every year you can save the same amount,
then you can find out how many years it will take to completely save the amount
you are looking for.
The number of periods is too small for our calculator. This means that you need either to increase your future value, decrease your interest rate, or reduce your payment amount.
Try again.