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Immediate / Ordinary Annuity Interest Rate Calculator

Immediate annuities calculator allows you to calculate the annuity,in which the contractor begins to pay his/her payments immediately after the establishment of the contract. This does not have any accumulation period.

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Immediate / Ordinary Annuity Interest Rate Calculation

Sum to invest(dollars)
Time period(years)
Annual rate of return(%)
Frequency of payment
Immediate Annuity

  
   
  
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Formula

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

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

It is also known as ordinary annuity. Calculation of immediate interest payments are made easier here.