What is the Annuity Calculator?

The Annuity Calculator is a financial tool designed to help users determine the future value of a series of periodic payments made over a set number of periods. By entering the payment amount, interest rate, and number of periods, the tool instantly calculates how much the annuity will grow over time. This is especially useful for students, investors, retirement planners, and anyone who wants to understand the long-term value of regular savings or investments. The calculator ensures accuracy, saves time, and clearly shows how compound interest increases the future value of repeated payments.

How to Use:

1. Enter Periodic Payment (PKR): Type the fixed amount paid each period.
2. Enter Interest Rate (% per period): Provide the rate at which the money grows each period.
3. Enter Number of Periods: Specify how many payments will be made.
4. Click “Calculate”: The tool computes the future value using the annuity growth formula.
5. Review Result: The display will show your payment amount, interest rate, total periods, and the final future value of the annuity along with the formula used.