LCM of two numbers

Annuity Payment Calculator

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✖The Rate per Period is the interest rate charged.ⓘ Rate per Period [r]			+10% -10%
✖The present value of the annuity is the value that determines the value of a series of future periodic payments at a given time.ⓘ Present Value [PV]			+10% -10%
✖The Number of Periods is the periods on an annuity using the present value, periodic payment, and periodic rate.ⓘ Number of Periods [n]			+10% -10%

✖Annuity Payment is a series of payments at fixed intervals, guaranteed for a fixed number of years or the lifetime of one or more individuals.ⓘ Annuity Payment [PMT]

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Annuity Payment Solution

STEP 0: Pre-Calculation Summary

Formula Used

Annuity Payment = (Rate per Period*Present Value)/(1-(1+Rate per Period)^-Number of Periods)
PMT = (r*PV)/(1-(1+r)^-n)
This formula uses 4 Variables

Variables Used

Annuity Payment - Annuity Payment is a series of payments at fixed intervals, guaranteed for a fixed number of years or the lifetime of one or more individuals.
Rate per Period - The Rate per Period is the interest rate charged.
Present Value - The present value of the annuity is the value that determines the value of a series of future periodic payments at a given time.
Number of Periods - The Number of Periods is the periods on an annuity using the present value, periodic payment, and periodic rate.

STEP 1: Convert Input(s) to Base Unit

Rate per Period: 0.5 --> No Conversion Required
Present Value: 10 --> No Conversion Required
Number of Periods: 2 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

PMT = (r*PV)/(1-(1+r)^-n) --> (0.5*10)/(1-(1+0.5)^-2)

Evaluating ... ...

PMT = 9

STEP 3: Convert Result to Output's Unit

9 --> No Conversion Required

FINAL ANSWER

9 <-- Annuity Payment

(Calculation completed in 00.004 seconds)

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Annuity Payment Formula

LaTeX Go

Annuity Payment = (Rate per Period*Present Value)/(1-(1+Rate per Period)^-Number of Periods)
PMT = (r*PV)/(1-(1+r)^-n)

How to Calculate Annuity Payment?

Annuity Payment calculator uses Annuity Payment = (Rate per Period*Present Value)/(1-(1+Rate per Period)^-Number of Periods) to calculate the Annuity Payment, Annuity Payment is a series of payments at fixed intervals, guaranteed for a fixed number of years or the lifetime of one or more individuals. Annuity Payment is denoted by PMT symbol.

How to calculate Annuity Payment using this online calculator? To use this online calculator for Annuity Payment, enter Rate per Period (r), Present Value (PV) & Number of Periods (n) and hit the calculate button. Here is how the Annuity Payment calculation can be explained with given input values -> 9 = (0.5*10)/(1-(1+0.5)^-2).

FAQ

What is Annuity Payment?

Annuity Payment is a series of payments at fixed intervals, guaranteed for a fixed number of years or the lifetime of one or more individuals and is represented as PMT = (r*PV)/(1-(1+r)^-n) or Annuity Payment = (Rate per Period*Present Value)/(1-(1+Rate per Period)^-Number of Periods). The Rate per Period is the interest rate charged, The present value of the annuity is the value that determines the value of a series of future periodic payments at a given time & The Number of Periods is the periods on an annuity using the present value, periodic payment, and periodic rate.

How to calculate Annuity Payment?

Annuity Payment is a series of payments at fixed intervals, guaranteed for a fixed number of years or the lifetime of one or more individuals is calculated using Annuity Payment = (Rate per Period*Present Value)/(1-(1+Rate per Period)^-Number of Periods). To calculate Annuity Payment, you need Rate per Period (r), Present Value (PV) & Number of Periods (n). With our tool, you need to enter the respective value for Rate per Period, Present Value & Number of Periods and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

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