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HOSTING A TOTAL OF 318 FORMULAS WITH CALCULATORS

Future Value Of Growing Annuity

The formula for the future value of a growing annuity is used to calculate the future amount of a series of cash flows, or payments, that grow at a proportionate rate. A growing annuity may sometimes be referred to as an increasing annuity

p[1+r] n-[1+g] n r-g

Here,p=first payment.r=rate per period,g=growth rate,n=number of periods.

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