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Compound Interest Annuities
The Basics The Formula The Magic Calculator 1 Calculator 2

Annuities - Calculator 2
This calculator is for monthly or yearly regular investments of a set amount (with no withdrawals.)   It finds the monthly and yearly amounts to will need to invest to reach your desired goal. 
It assumes that the investments are made at the beginning of the month (or year).  The formula that typically appears in Algebra books are for investments made at the end of the month.
What yearly interest rate do you want to invest at?   %
Example: 12%...  Enter 12      9.8%...  Enter 9.8
How many years do you want to do this?  
Example: 45 years...  Enter 45
How much money do you want to end up with?  
Example: A million dollars...  Enter 1000000  (No commas!)



Taking a 3.3% inflation factor into account, in today's dollars your projected amount of will really be worth

   OK...  So, which way is the best?  Investing monthly or yearly?

 

 


 

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