# Annuity Payout Calculator

Annuity rate is a kind of savings, where the annuity rate tend to increase on the basis of taxes deferred during the given period of time. In this calculator, the annual interest rate for the fixed time period can be calculated from the known principal amount and rate of interest.

Annuity rate is a kind of savings, where the annuity rate tend to increase on the basis of taxes deferred during the given period of time. In this calculator, the annual interest rate for the fixed time period can be calculated from the known principal amount and rate of interest.

Code to add this calci to your website

#### Formula:

a=(p*r*(1+r)^{n}) / ((1+r)^{n}-1)
**Where,**
a = Annual Payout
p = Principal Amount
r = Rate Of Interest
n = Number Of Years