Annuities And Sinking Funds Calculator

Sinking fund calculator payment required to reach specified value.

Annuities and sinking funds calculator.

Experiment with other retirement planning calculators or explore hundreds of individual calculators addressing other topics such as math fitness health and many more. Check your solutions with my thoroughly explained solutions. Use begin mode if payments or deposits or an hp 10b calculator has a key which serves both as the 0 and as the mode setter. Input the target sum of money you need to accumulate.

Solve the questions solved examples. Free annuity calculator to forecast the growth of an annuity with optional annual or monthly additions using either annuity due or immediate annuity. Sinking fund calculator this sinking fund calculator provides a computation of the amount of money you will need to contribute to a sinking fund for each given period to reach a savings target. What amount could aunt esmeralda deposit today in a savings plan so that the plan would have the required 35 000 in 14 years.

Enter the desired future value in dollars and the percentage decimal amount of interest. With this calculator you can find several things. The payment that would deplete the fund in a. Use this calculator to determine the payment required to accumulate a specified amount by the end of a given period of time at a given interest rate.

Calculations involving annuities including sinking funds and amortizations require a mode either begin or end. This calculator is designed to give the annuity value and table value of a sinking fund. These calculations are used to make comparisons between cash flows that don t occur at simultaneous times since time dates must be consistent in order to make comparisons between. Ten percent is 10 enter the number of annual time periods involved and click on calculate.

Check your answers with my calculators. Sinking funds and annuities using financial calculators 1 aunt esmeralda promises to give her nephew 35 000 on his 30th birthday 14 years from now. You may also be interested in the basic sinking fund calculator. Periodic contribution 500 000 1 6 2 10 2 1 6 2 periodic contribution 18 607 85 explanation.

Present value calculations and similarly future value calculations are used to value loans mortgages annuities sinking funds perpetuities bonds and more. You can calculate a sinking fund payment plan in five simple steps. Basically in the sinking funds since there is sufficient money available to pay off the debt this helps in ensuring that the default will not happen and that is the main reason of setting up sinking fund at the first place. Aunt esmeralda can earn 5 8 compounded semiannually.