Immediate / Ordinary Annuity Interest Rate Calculator

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Posted by Dinesh on

This calculator calculates the immediate annuity using sum to invest, time period, annual rate of return, frequency of payment values.

Immediate / Ordinary Annuity Interest Rate Calculation

Formula:


Immediate Annuity = pi / ( 1 - ( 1 + i )^-n )

Where,


p = Sum to invest,
n = Time period(in years),
i = Annual rate of return.

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