Future Value of Annuity (Sinking Fund)

Future Value of Annuity (Sinking Fund)

FI-03
ASPCSPAdvanced

Formula
F = A × [(1+i)ⁿ − 1] ÷ i
When to Use

Calculate the future value of a series of equal periodic payments. Used to determine how much a regular investment will grow.

Symbol Legend
SymbolMeaningUnitNote
FFuture value of the annuity$
AEach equal periodic payment$
iInterest rate per perioddecimal
nNumber of periods

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