Future Value of an Annuity Formula Incremental Calculator
S = R [ ((1+i)n-1)/ i]

Instructions: Use the incremental calculator to study the individual steps in the process of solving for the Future Value of Annuity formula. Once you understand each step move on to the next calculator and try it yourself.
Enter your own values into the boxes or press new example for computer generated numbers of an example:
R =   r =   m =   t =
To use as a quiz, try to evaluate the expressions yourself and then check your answer.
Calculate:
Step 1: interest per conversion periodi
Step 2: 1+i
Step 3: the number of conversion periods n
Step 4: (1+i)n
Step 5: (1+i)n -1
Step 6:Compound-amount factor ((1+i)n -1)/i
Step 7:Future Value: R[((1+i)n -1)/i]
Definitions
Calculator
FV of an annuity Introduction
Chapter 5 Mathematics of Finance