HOSTING A TOTAL OF 318 FORMULAS WITH CALCULATORS

Growing Annuity Payment For Present Value

The growing annuity payment from present value formula shown above is used to calculate the initial payment of a series of periodic payments that grow at a proportionate rate. This formula is used specifically when present value is known.

$p\frac{r-g}{1-\left[\frac{1+g}{1+r}{\right]}^{n}}$

Here,p=present value,r=rate per period,g=growth rate,n=number of periods.

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