FV of an Annuity Tables
| FV Annuity (Ordinary Annuity) | FV Annuity (Ordinary Annuity) | FV Annuity (Ordinary Annuity) | |||||
|---|---|---|---|---|---|---|---|
| Periods | 1% | 2% | 3% | 4% | 5% | 6% | 7% |
| 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 2 | 2.01 | 2.02 | 2.03 | 2.04 | 2.05 | 2.06 | 2.07 |
| 3 | 3.0301 | 3.0604 | 3.0909 | 3.1216 | 3.1525 | 3.1836 | 3.2149 |
| 4 | 4.0604 | 4.1216 | 4.1836 | 4.2465 | 4.3101 | 4.3746 | 4.4399 |
| 5 | 5.101 | 5.204 | 5.3091 | 5.4163 | 5.5256 | 5.6371 | 5.7507 |
| 6 | 6.152 | 6.3081 | 6.4684 | 6.633 | 6.8019 | 6.9753 | 7.1533 |
| 7 | 7.2135 | 7.4343 | 7.6625 | 7.8983 | 8.142 | 8.3938 | 8.654 |
| 8 | 8.2857 | 8.583 | 8.8923 | 9.2142 | 9.5491 | 9.8975 | 10.2598 |
| 9 | 9.3685 | 9.7546 | 10.1591 | 10.5828 | 11.0266 | 11.4913 | 11.978 |
| 10 | 10.4622 | 10.9497 | 11.4639 | 12.0061 | 12.509 | 13.1808 | 13.8164 |
| 11 | 11.5668 | 12.1687 | 12.8078 | 13.4864 | 14.2068 | 14.9716 | 15.7836 |
| 12 | 12.6825 | 13.4121 | 14.192 | 15.0258 | 15.9171 | 16.8699 | 17.8885 |
| 13 | 13.8093 | 14.6803 | 15.6178 | 16.6268 | 17.713 | 18.8821 | 20.1406 |
| 14 | 14.9474 | 15.9739 | 17.0863 | 18.2919 | 19.598 | 21.0151 | 22.5505 |
| 15 | 16.0969 | 17.2934 | 18.5989 | 20.0236 | 21.5786 | 23.276 | 25.129 |
The future value of an ordinary annuity is equal to the payment PMT((1+i)^n-1)/i. You can use that formula and then check your answer with the table for the questions depicted in the notes pages.