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| http://www.vertex42.com/Calculators/annuity-calculator.html |
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© 2009-2016 Vertex42 LLC |
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Annuity Payment Type |
Beginning of Period |
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Annual Inflation Rate (g) |
2.000% |
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type |
1 |
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Solve for Annual
PAYMENT |
Fixed |
Inflation-Adjusted |
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Starting Principal (P) |
250,000.00 |
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Annual Interest Rate (i) |
6.000% |
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Years to Pay Out (n) |
20 |
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First Annual Payment |
20,562.40 |
17,578.55 |
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Last Annual Payment |
20,562.40 |
25,608.63 |
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First Monthly Payment |
1,782.17 |
1,499.74 |
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Last Monthly Payment |
1,782.17 |
2,232.88 |
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Solve for Starting
PRINCIPAL |
Fixed |
Inflation-Adjusted |
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First Annual Payment |
20,562.40 |
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Annual Interest Rate (i) |
6.000% |
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Years to Pay Out (n) |
20 |
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Starting PRINCIPAL |
250,000.00 |
292,435.85 |
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Solve for YEARS to PAY
OUT |
Fixed |
Inflation-Adjusted |
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Starting Principal (P) |
250,000.00 |
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Annual Interest Rate (i) |
6.000% |
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First Annual Payment |
20,562.40 |
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YEARS to PAY OUT |
20.00 |
15.96 |
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| Caution: Results are only estimates. Please
consult a qualified professional regarding financial decisions. |
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| [42] |
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| Notes
about Inflation-Adjusted Payments |
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If type = 1 (Beginning
of Period), first annual payment = Eo at time t=0 |
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If type = 0 (End of
Period), first annual payment = Eo*(1+g) at time t=1 |
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