A superannuation is a pension plan which created by the organizations for the benefit of employees. Here is the Superannuation calculator for you to find the value of the annuity and the payment. Enter the inputs in the superannuation retirement calculator, submit to know the result. This company pension plan calculator is capable of accepting inputs and giving outputs in multiple currencies. This superannuation pension calculator can accept a number of periods only in years.
A superannuation is a pension plan which created by the organizations for the benefit of employees. Here is the Superannuation calculator for you to find the value of the annuity and the payment. Enter the inputs in the superannuation retirement calculator, submit to know the result. This company pension plan calculator is capable of accepting inputs and giving outputs in multiple currencies. This superannuation pension calculator can accept a number of periods only in years.
Calculate the superannuation retirement payment for an employee who pays the amount per period of Rs. 2000 at an interest rate of 5 % for the period of 20 years.
V = P [(1 + r)n - 1 / r]
= 2000 [(1 + 5)20 - 1 / 5]
V = Rs. 822067.34
Payment = Vr / (1 - (1 + r) - n)
= 822067.34 x 5 / (1 - (1 + 5)- 20)
Payment = Rs. 5425.28